Limited Company Registration in Uganda
Uganda is a vibrant business hub in East Africa and is an investor-friendly country. The Country provides fast, reliable, and credible services, making the Limited company registration in Uganda flawless and simple.
How to Register a Company in Uganda
Eyeing Uganda as your next country to invest in? Set out below are the requirements of company incorporation in Uganda
- Name Search. Search for a company name from the URSB. It is advisable to select several alternative names in order of priority for search and reservation.
- Board resolution to incorporate a company.
- Drafting of the Memorandum and Articles of Association.
- Application for registration. – The application forms are then launched with the URSB.
- Registration and issuance of the Certificate of Incorporation.
- Apply for a Tin. Tax invoice number from the Uganda Revenue Authority;
Requirements for Registration of a Limited Company in Uganda
1. Reservation of Name Form.
2. Form No A1. Statement of Nominal Capital: This sets out the share capital of the company, and stamp duty is payable at 0.5% of the share capital of the company.
3. Form for registration of a Company.
4. Notice of the situation of the registered office and postal address of a company. Form 18
5. Company Form 20. Particulars of Directors and Secretaries of the company.
6. Form A2. Declaration of Compliance with the requirements of the Companies Act.
Other Requirements Include;
1. Nature of business and objectives of the company.
2. Names of the Directors of the company.
3. Names of the shareholders if different from the directors.
4. Proposed physical address of the company.
5. Contact information of the directors and shareholders – Email address, Telephone number, postal address and residential addresses.
6. Division of shares between the shareholders of the company.
7. Scans of Passport Bio-data and passport photo of directors and shareholders.
8. Nominal capital of the company.
Documents Required for Registering a Limited Company in Uganda
1. Passport or Alien ID.
2. Memorandum and Articles of Association.
3. Application for registration form.
4. Proof of address document.
5. Scans of Passport Bio-data or National Identity Card of directors and shareholders.
Frequently Asked Questions (FAQS)
Can a Foreigner Register a Company in Uganda?
Any foreign national can register a company in Uganda. You shall, however, be required to obtain a TIN for ease of registration and compliance.
How Much Does It Cost to Register a Company in Uganda?
The basic Cost for a fully compliant company includes the following
- Application and registration.
- Tax TIN registration.
- Trade License.
- Bank account
The cost of registering a company may vary depending on the set standards by the URSB.
Can I Register a Company Online in Uganda?
Yes, the URSB offers an online registration portal.
What Taxes are Applicable to Businesses in Uganda?
Corporate income tax, value-added tax (VAT), withholding tax.
How do I Register for Taxes in Uganda?
Register with the Uganda Revenue Authority (URA) after obtaining your Certificate of Incorporation.
Conclusion
Thinking of registering a limited company in Uganda? Reach out to Afrilink Consultants for clear guidance. Our company registration services are transparent and reliable at every stage of your business setup.
📩 clientservice@afrilinkconsultants.com
📞 +254707280366