Trevor Kimenye is the CEO of Ongair. He is a serial entrepreneur, having founded an enterprise consulting firm in Australia, a digital marketing agency in Kenya and is now changing how hundreds of businesses and customers worldwide keep in touch through Ongair.
Your legal business
The ‘Your legal business’ course is aimed at founders who want to learn more about the legal implications of setting up their business and the funding concepts for a first round of investment.
The first module focuses on legal basics, the second module on the funding concepts.
Each module has a number of learning resources, which include:
• Theoretical breakdowns where concepts are introduced – relevant to the African context.
• Videos of leading business professionals, entrepreneurs and investors, sharing expert advice,
• Quizzes where you’ll be challenged to apply what you have learnt,
• Useful downloadable templates and documents.
Introduction: VAT filings and other legal requirements
When playing the video, you can change the language of the subtitles and adjust the speed in the video player settings.
Introduction: VAT filings and other legal requirements 5:26 min
Transcripts
تأتي معظم العوائد الداخلية للحكومات من فرض الضرائب. يوجد العديد من مختلف أنواع الضرائب المُحصَّلة في أي دولة معينة، وتعتبر ضريبة القيمة المضافة واحدة من أهم المساهمين في عوائد الحكومة. وذلك لأنها ضريبة غير مباشرة، سهلة التطبيق، ويصعب التهرب منها. سنتحدث في هذه النصيحة الإرشادية عن ضريبة القيمة المضافة وكيف تؤثر على الشركات الناشئة.
كرائد أعمال، يعتبر أحد أسباب أنه يجب عليك تسجيل ضريبة ال… Sign in to continue
La plupart des recettes générées en interne par un gouvernement proviennent des impôts. Dans n’importe quel pays, il existe différents impôts, et la taxe sur la valeur ajoutée, ou TVA, a tendance à être l’une des taxes les plus importantes pour les recettes d’un État. C’est parce qu’il s’agit d’une taxe indirecte, facile à administrer et à laquelle il est difficile de se soustraire. Dans cette … Sign in to continue
Badidawladuhuwaxaydhakhligudahakasameeyaacashuuraha.Dal kasta, waxaajiranoocyokaladuwanoocashuuro la qaadoiyoCashuurtaQiimahaLaguDaro(VAT), taasookaalinmuhiim ah kaqaadatadakhligadawlada.Maadaamaoocanshuurtoos ah aynaahayn, sifudud loo ururinkaro, aynaadagtahay in la khiyaameeyaayi.Halkan, waxaynusiqottodheerugahadlidoono VAT iyosiday u saamaysoganacsigacusub.
Ganacsadeahaan, sababaha ay… Sign in to continue
Most of a government’s internally generated revenue comes from taxation. In any given country, there are different types of taxes levied, and Valued Added Tax, or VAT, tends to be one of the most important contributors to government revenue. This is because it is an indirect tax, easy to administer, and difficult to evade. In this insight, we’ll talk about VAT and how it affects startups.
How to look at taxes and VAT as a startup
When playing the video, you can change the language of the subtitles and adjust the speed in the video player settings.
How to look at taxes and VAT as a startup 1:29 min
Trevor Kimenye is the CEO of Ongair. He is a serial entrepreneur, having founded an enterprise consulting firm in Australia, a digital marketing agency in Kenya and is now changing how hundreds of businesses and customers worldwide keep in touch through Ongair.
Transcript
So in Kenya, specifically, there are some operating licenses, like an operating license which you need to pay to the local council, they’re actually not that expensive, but it’s very easy to forget about paying those.
Employee taxes, so the ‘Pay As You Earn’ (PAYE) that you’re supposed to deduct from the employees as well is something that is very tempting for people to overlook. But th… Sign in to continue
Why being compliant to rules matters from day one
When playing the video, you can change the language of the subtitles and adjust the speed in the video player settings.
Why being compliant to rules matters from day one 2:33 min
Kola is the Founding Partner at Ventures Platform. He is an avid angel investor and mentor to startup founders. He has started and chairs a number of companies. Prior to focusing on venture building, Kola worked in corporate finance, administration, corporate turn-around and strategy. Kola’s foray into technology started with when he co-founded a leading Nigerian enterprise software company – Emerging Platforms. He currently serves on the Presidential Committee on Job Creation and he is a mentor at the World Bank XL Africa program.
Transcript
If a founder’s building a company to last, you know, then having the right legal framework and, you know, having all their documentation put together then becomes really critical.
The early stage, you might think it doesn’t matter. But when you start to require larger amounts of funding, everything has to check out. Literally, due diligence then becomes not just about you but even about… Sign in to continue
Why investors want all due diligence boxes to be ticked
When playing the video, you can change the language of the subtitles and adjust the speed in the video player settings.
Why investors want all due diligence boxes to be ticked 1:26 min
Dr. Khaled Ismail is a Managing Partner at Algebra Ventures. He is the Founder, the Chief Executive Officer and the Chairman at KI-Angels. Dr. Ismail founded SysDSoft Inc. in 2002 and serves as the Chief Executive Officer and the President. He also served as the Business Development Officer at Orascom Telecom Holding S.A.E. and the Managing Director at Intel Telecom Mobile Communication in Egypt. He has published over 150 papers in international journals, is editor of three books, the Chairman of three international conferences, invited speaker at over 30 international conferences and symposiums, and holds 14 patents.
Transcript
I like to look at all of these issues and make sure they are they ticked and so on for two main reasons, as an investor.
One is defensive. Basically, such that nobody comes later and says, hey, there is a liability on you, the company is in trouble for one reason or the other, so that’s the defensive way of looking at it, and it’s very important, fundamental.
But also, from the … Sign in to continue
How financial due diligence can slow down the funding process
When playing the video, you can change the language of the subtitles and adjust the speed in the video player settings.
How financial due diligence can slow down the funding process 1:25 min
Malaika Judd is co-founder and COO at Sendy Ltd.
Transcript
I thought I totally understood what you needed to put in your due diligence folder and what an investor would check. I had a massive wake up call that I did not expect, a 16-page checklist.
Each round you do, the checklist gets longer, and they go and they dig and dig and dig, and they will find that one person you hired four years ago that you never got them to sign the employment cont… Sign in to continue
How to look at taxes and VAT as a startup
Sign up or log in
Use your email or social account to get started
Sign up or log in
Use your email or social account to get started