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How to Register a LL Company, Sole Proprietorship or Foreign Company in Uganda

by TIM & Others

Question #1:

Question #2:
How much is registration of a company with share capital 30 millions?

Question #3:
I would like to register a company limited by guarantee, what are the requirements?

Question #4:
Registration documents
What legal documents do i need to register a consulting firm in Uganda?
What is the difference between a memorandum and Articles of Association?

Question #5:

Question #6:
Business registration
I wish to come to Kampala to Register my business.
I would like to know if they accept a form down loaded from their website or
if I would have to fill one provided by the registrar of companies.
I would prefer I to come there when I have already signed forms to reduce on time spent there and do it in one day.

Question #7:
Company name: Is letphie investment company name existing?

Question #8:
What are the different types of business registrations?

Question #9:
Business Registration and Employee Benefits
Hello! My name is Bryan Shipp and I represent a U.S. based organization that specializes
in international development work for clients such as USAID and World Bank.
We are currently researching the registration process in Uganda and had the following questions:
1) How long does it typically take to register a company in Uganda?
2) What is the typical total cost to register a business in Uganda?
3) What are the benefits that the average Ugandan worker is entitled to, and what are the annual costs of these benefits?
I hope to hear from you soon.
Thanks, Bryan

Question #10:
Guidelines on writing articles of association
Please guide me on how to write the articles of association and how to write the memorandum of association
basing on the ugandan company's ACT?

Question #11:
When a non-resident want to establish a business in Uganda, does he need a local partner? If he does,
what is the percentage equity structure between the foreign investor and the indigenous Ugandan?

Question #12:
HI! I am from Shanghai,China ,
and i want to register a company in Uganda. Must I visit Uganda?
If I can't , can you offer me a whole service with the registration?
And How? I will be grateful if your answer is yes!
I will leave my email address and please contact me if you know some way.

For company incorporation budget Between USD2500 -USD3000 if you intend to use the services of a reputable law firm in Uganda
Investment License, Tax registration are normally included in a good package.
Stamp duty will be calculated according the amount of share capital you have declared, which does not normally exceed 1%.
Work permits, Social Security and industry specific registration have varying fees and are thus handled separately.

Some of the legal documents you will submit to be fully registered include;
Memorandum and Articles of association, Company Form 7, and a return of allotment form.

Currently incorporation is done Offline and if you want to come over to just already finished registration forms
then you need to first hire a consultant/laywer to prepare you registration documents and when the forms are ready,
they can be mailed to you for signing or kept with the lawyer until you arrive in Uganda to sign the forms.

Typically, you will have to give your consultant some probable COMPANY NAMES you which to call your company,
then she does a company name search to check availability of the names you suggested, once a name is chosen,
Your business Consultant/Lawyer will pay some fees to reserve the company name for atleast 30days wherein ,
she can file your complete company incorporation documentation.

You can give this process some 2weeks to 1month for the company registration to be complete.

If you have to hire employees, you will need to give them an appointment letter, Salary/wage, Health Insurance, Annual Leave ,
pay the Social Security fees and also their Pay as you earn taxes.

Your can register a 100% foreign company or a Company with some local stake if you wish to save on your
capital costs because the Uganda economy is fully libralized both current and capital accounts, meaning,
you can bring and take your money out of the Uganda economy at any time.

For further assistance with registering your business in Uganda contact us here.

Comments for How to Register a LL Company, Sole Proprietorship or Foreign Company in Uganda

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Feb 13, 2015
How to register a sole proprietorship Business NEW
by: Anonymous

Please can you guide me on the steps to register a sole proprietorship Business?

Apr 23, 2014
How to Get a TIN Number for an NGO
by: Anonymous

Iam operating a non profit organization in Wakiso District. I would like to have the TIN number for our NGO. pLEASE GUIDE ME.

Go to the Uganda Revenue Authority (URA) Portal to do it yourself (DIY).

Or contact our tax guide to assist you with applying for your Tax Identification Number (TIN) .

Click here to add your own comments

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