Company Registration in Uganda | Register a Company in Uganda | Registration of a Company in Uganda
Uganda is one of the Best countries to do Business in Africa because it has a stable Macro-Economic Policy, a Growing Internal Market with a Population of about 42 Million people and Accessible Regional Markets.
Uganda offers a wide range of business opportunities in many different sectors that include; Food processing, Real Estate & Construction, Manufacturing, Tourism and hospitality, Transport, Trading, Information technology services, Energy Sector.
Uganda has an Open Approach towards foreign Companies and Company Registration in Uganda is quite straight forward and Foreigners can register and own companies 100 %.
The Tax regime in Uganda is Simple and transparent and the Tax rate for personal Income ranging from 5 to 30 %, Corporation Tax is at 30% and Vat at 18%.
List of Uganda Registered Companies
After company Registration in Uganda, All the company records are maintained by the Registrar of Companies Uganda ( Uganda Registration Services Bureau ). You can search for any registered company name by visiting this link https://obrs.ursb.go.ug/name-search
URSB Online Company Registration in Uganda | How to register a Company in Uganda | Process of Registering a Company in Uganda
Company registration in Uganda is now fully online through the URSB Portal. Here is how to register a company in Uganda;
Step 1. Name Search and Reservation
Step. 2 Enter details of the directors and proposed company
Step 3. Download, Sign and submit the forms
Step 4. Pay the fees to register a company in Uganda
Step 5 Download the Certificate of Incoporation once the company is approved
Requirements for registering a company in Uganda | Requirements for Company Registration in Uganda | What is required to register a company in Uganda
The requirements to register a company in Uganda include the following;
– At least 3 Company Names
– Copy of shareholder and Directors Travel Passport and Passport size photograph
– Copy of Company Incoporation certificate if a company will be a shareholder
– Directors & Shareholders Physical, Postal and email address
– Directors & Shareholders Telephone number and occupation
– Number of shares assigned to each shareholder
Company Registration Fees in Uganda
Here is a breakdown of the Statutory Company Registration Fee in Uganda
Type of Company | Details | Approximate Cost USD |
Local Company | Name Reservation | 6 |
Registration fees of a company with Share capital of between 1 to 5 Million UGX | 15 | |
Registration fees of a company with Share capital exceeding 5 Million UGX | 1% of Share Capital declared | |
Stamp duty | 0.5% of share capital on new companies with share capital above 5 Million UGX |
Contact us today for a customized quotation on our professional fees to help you register a company in Uganda.
Company Registration in Uganda Summary Table
Entity | Subsidiary Company | Branch Company |
---|---|---|
How Long does Company Registration in Uganda Take? | 10 Days | 10 Days |
How long Does it take to Open Bank Account? | 5 Days | 5 Days |
After how Long can you Invoice and Hire | 15 Days | 15 Days |
Minimum Number of Directors and Shareholders | 2 | – |
Foreigner Can own the Company 100% | Yes | Yes |
Can the entity hire expatriate staff | Yes | Yes |
Tax Registration Certificate required | Yes | Yes |
Access to Uganda double Tax treaties | Yes | Yes |
Can bid for Government Contracts? | Yes | Yes |
Can Secure Trade Finance? | Yes | Yes |
Can Secure an Import and Export Licence? | Yes | Yes |
Can Easily Convert into a PLC? | Yes | No |
Can Secure Work permits for foreign Employees and Directors? | Yes | Yes |
Multi Currency Bank Accounts Available? | Yes | Yes |
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