Why not have a Go with an East African Limited Company? What Company Law can contribute to the Integration Process in East Africa
Despite sharing the same tradition, regulations for Limited Companies vary throughout the East African Community - and continue to part even further. What the Partner States have in common, however, is their proclivity for keeping foreign companies out of their own backyard. While this policy is to...
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Nomos Verlagsgesellschaft mbH & Co. KG
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ftdoajarticles:oai:doaj.org/article:f4e6bba5c3c545cbba91ef08615447f3 2023-05-15T13:44:10+02:00 Why not have a Go with an East African Limited Company? What Company Law can contribute to the Integration Process in East Africa Jan-Erik Schirmer 2017-05-01T00:00:00Z https://doi.org/10.5771/2363-6270-2016-2-162 https://doaj.org/article/f4e6bba5c3c545cbba91ef08615447f3 DE EN FR ger eng fre Nomos Verlagsgesellschaft mbH & Co. KG https://www.nomos-elibrary.de/10.5771/2363-6270-2016-2-162 https://doaj.org/toc/2363-6270 2363-6270 doi:10.5771/2363-6270-2016-2-162 https://doaj.org/article/f4e6bba5c3c545cbba91ef08615447f3 Recht in Afrika, Vol 19, Iss 2, Pp 162-172 (2017) Asia and Eurasia Africa Pacific Area and Antarctica KL-KWX article 2017 ftdoajarticles https://doi.org/10.5771/2363-6270-2016-2-162 2022-12-31T13:22:17Z Despite sharing the same tradition, regulations for Limited Companies vary throughout the East African Community - and continue to part even further. What the Partner States have in common, however, is their proclivity for keeping foreign companies out of their own backyard. While this policy is to some extent understandable regarding Western or Asian companies, it becomes a serious problem for companies from other EAC Partner States: Restrictions and dissimilarities require expensive legal consultation, which makes it unattractive for small- and medium-sized enterprises to expand across borders. Not to mention the fact that basing a community on the foundations of a common market is a noble cause, but worthless if the fundamental freedoms that should come with it are only written on paper. This article suggests a rather radical, but nonetheless promising solution: Why not introduce a new legal entity based on a common legal framework, an East African Limited Company? Article in Journal/Newspaper Antarc* Antarctica Directory of Open Access Journals: DOAJ Articles Pacific Recht in Afrika 19 2 162 172 |
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Open Polar |
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Directory of Open Access Journals: DOAJ Articles |
op_collection_id |
ftdoajarticles |
language |
German English French |
topic |
Asia and Eurasia Africa Pacific Area and Antarctica KL-KWX |
spellingShingle |
Asia and Eurasia Africa Pacific Area and Antarctica KL-KWX Jan-Erik Schirmer Why not have a Go with an East African Limited Company? What Company Law can contribute to the Integration Process in East Africa |
topic_facet |
Asia and Eurasia Africa Pacific Area and Antarctica KL-KWX |
description |
Despite sharing the same tradition, regulations for Limited Companies vary throughout the East African Community - and continue to part even further. What the Partner States have in common, however, is their proclivity for keeping foreign companies out of their own backyard. While this policy is to some extent understandable regarding Western or Asian companies, it becomes a serious problem for companies from other EAC Partner States: Restrictions and dissimilarities require expensive legal consultation, which makes it unattractive for small- and medium-sized enterprises to expand across borders. Not to mention the fact that basing a community on the foundations of a common market is a noble cause, but worthless if the fundamental freedoms that should come with it are only written on paper. This article suggests a rather radical, but nonetheless promising solution: Why not introduce a new legal entity based on a common legal framework, an East African Limited Company? |
format |
Article in Journal/Newspaper |
author |
Jan-Erik Schirmer |
author_facet |
Jan-Erik Schirmer |
author_sort |
Jan-Erik Schirmer |
title |
Why not have a Go with an East African Limited Company? What Company Law can contribute to the Integration Process in East Africa |
title_short |
Why not have a Go with an East African Limited Company? What Company Law can contribute to the Integration Process in East Africa |
title_full |
Why not have a Go with an East African Limited Company? What Company Law can contribute to the Integration Process in East Africa |
title_fullStr |
Why not have a Go with an East African Limited Company? What Company Law can contribute to the Integration Process in East Africa |
title_full_unstemmed |
Why not have a Go with an East African Limited Company? What Company Law can contribute to the Integration Process in East Africa |
title_sort |
why not have a go with an east african limited company? what company law can contribute to the integration process in east africa |
publisher |
Nomos Verlagsgesellschaft mbH & Co. KG |
publishDate |
2017 |
url |
https://doi.org/10.5771/2363-6270-2016-2-162 https://doaj.org/article/f4e6bba5c3c545cbba91ef08615447f3 |
geographic |
Pacific |
geographic_facet |
Pacific |
genre |
Antarc* Antarctica |
genre_facet |
Antarc* Antarctica |
op_source |
Recht in Afrika, Vol 19, Iss 2, Pp 162-172 (2017) |
op_relation |
https://www.nomos-elibrary.de/10.5771/2363-6270-2016-2-162 https://doaj.org/toc/2363-6270 2363-6270 doi:10.5771/2363-6270-2016-2-162 https://doaj.org/article/f4e6bba5c3c545cbba91ef08615447f3 |
op_doi |
https://doi.org/10.5771/2363-6270-2016-2-162 |
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Recht in Afrika |
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19 |
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2 |
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162 |
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172 |
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