What is a Company?
A company abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective.
Company members share a common purpose and unite to achieve specific, declared goals.
Requirements For Opening A Company Bank Account In Uganda
Certificate of incorporation.
Certified copy of Company Form 7 or latest annual returns.
Certified copy of memorandum and articles of association.
Certified copy of directors’ resolution to open an account.
Current trading license.
Tax identification number (TIN) certificate.
Company letterhead.
How many days does it take to register a company in Uganda?
Certificate of incorporation; when you submit relevant documents, the process may take up to
3-7 days to pick up your certified copies and certificate of incorporation.
How much is required to open a company bank account in Uganda?
Valid identification documents (either copy of a national ID card, employer, voters’ card, driving
permit, or passport) Opening cash deposit of Ushs300, 000. Certified copy of Statement of particulars of partners.