What is A Business?
Business is the practice of making one’s living or making money by producing or buying and selling products.
It is also “any activity or enterprise entered into for profit.”
Requirements For Registering A Business In Uganda
Search for the business name.
Reserve the Business Name.
Obtain a Certificate of Incorporation.
Obtain an Investment License.
Obtain a Taxpayer Identification Number (TIN)
Obtain a Trading License.
Register with National Social Security Fund (NSSF)
Make a Company Seal.
How much does it require to register a business in Uganda?
Business Registration Forms Fees
| Service | Details | Costs (Ugx. & US$) |
|---|---|---|
| Continuous filing on companies | Registration of Documents | 20,000/= |
| Company Resolutions | 20,000/= | |
| Company Forms | 20,000/= | |
| Stamp duty on transfer of shares | 1.5% of the amount being transferred | |
| Registration of transfer of shares | 20,000/= Plus 1% of the amount of shares being transferred | |
| Annual Returns | 50,000/= | |
| Registration Of Legal Documents | Powers of Attorney and Constitution | 50,000/= |
| Affidavits and Statutory Declarations | 30,000/= | |
| Other Services | Search Fees | 25,000/= |
| Certification of company documents | 20,000/= | |
| Registration | Registration Fees | 24,000/= |
| Change of particulars | 10,000/= | |
| Search | 2,000/= | |
| Filing Fees | 1,000/= per copy | |
| Cancellation of Entry | 5,000/= per copy | |
| Change of Address | 5,000/= per copy | |
| Rectification or register | 10,000/= per copy | |
| Notice of cessation | 10,000/= per set | |
| Certification | 5,000/= | |
| Incorporation of Companies with Share Capital | Name Reservation | 20,000/= |
| Registration fees of the nominal capital of 1M-5M | 50,000/= | |
| Registration fees of nominal capital exceeding 5M | 1% of Share Capital | |
| Stamp duty | 0.5% of share capital on new companies with share capital above 5M | |
| Foreign Companies | Registration of certified copy of memorandum or equivalent | $250 |
| Any other document (forms) | $55 | |
| Certification, per copy | $10 | |
| Registration of Charges | Registration of mortgage/charge | 50,000/= |
| Registration of a series of debentures | 50,000/ | |
| Inspection of register | 20,000/= | |
| Registration of receiver or manager of the property | 25,000/= |
What is the stamp duty for registering a company in Uganda?
Stamp duty of 0.5% is incurred on the formation of a company and capital-raising activities (e.g. increase of share capital).
A stamp duty of 1.5% applies on all transfers, including the transfer of shares and property.