This episode comprehensively outline Kenyan business structures, focusing on sole proprietorships, partnerships (general and limited), and companies (limited liability partnerships and incorporated companies). We detail the registration processes and key operational features for each, including liability structures, management responsibilities, and tax implications. A significant portion addresses company law under the Companies Act 2015, covering legal personality, the "corporate veil" and instances of its "lifting," director duties, capital management, and member remedies, such as derivative claims and unfair prejudice petitions, highlighting the legal distinctions and protections offered by various business forms.