Kazi Yetu LLC
Establish a DE Holding Company
Summary:
Assist a female-led agribusiness by establishing a DE holding company.
Referred by:
Jurisdictions: U.S.
About the Organization: Kazi Yetu is a female-led agribusiness that sources teas, herbs, and spices from farms around Tanzania, and processes, blends, and packs the teas into finished goods in our all-women factory in Dar es Salaam. We create a range of products that are ethically sourced, traceable, and produced in East Africa. Kazi Yetu is a certified B Corp.
Legal Entity Type: For-profit
SDG(s):Decent Work and Economic Growth, End Poverty, Gender Equality, Good Health and Well Being, Life on Land (sustainability of ecosystems), Responsible Consumption and Production
Legal Issue(s):
Kazi Yetu currently has three legal entities: Kazi Yetu Tanzania, Kazi Yetu Germany, and Kazi Yetu US (set up as a Delaware LLC). They now plan to set up a Delaware holding company that will own the subsidiary entities, in order to attract more investment. The Kazi Yetu team is seeking assistance setting up the DE holding company. If appropriate, they are open to transitioning the current DE LLC into a corporation, to serve as the holding company. Additionally, they would appreciate assistance in reviewing and updating the investor agreement and cap table for the new entity. However, this is a secondary request.