In order to start a business in Uganda, as a foreigner, you will need to be; Legally in Uganda. This means that you need to have entered the Country with the preferred documentation. A passport and a visa or another pass as legally required depending on the nature of the business.
How do I start a business in Uganda?
How To Start A Business In Uganda
- Step 1: Make Business Research. …
- Step 2: Write A Business Plan. …
- Step 3: Source and Plan For Finances. …
- Step 4: Choose A Business Structure. …
- Step 5: Register Your Business Name. …
- Step 6: Aquire Business Licenses and Permits. …
- Step 7: Select A Business Location. …
- Step 8: Recruit / Arrange Your Team.
23.06.2017
Is it safe to do business in Uganda?
Uganda is ranked 115th (out of 141) in the World Economic Forum’s Global Competiveness Index and 116 (out of 190) in the World Bank’s ‘Ease of Doing Business’ Index. Read the World Bank’s more in-depth publication and guidance for business; Economy Profile 2020 – Uganda.
How do I register a foreign company in Uganda?
2. What will you require to register a foreign company in Uganda
- Memorandum and Articles of Association certified by the Registrar of Companies from the Country of origin.
- Certified copy of the certificate of incorporation/ registration from country of origin.
- Certified copy(s) of bio pages of Directors passport.
15.01.2018
What is a foreign company in Uganda?
A foreign company is a company which is incorporated in another country. If such a company wishes to carry out business in Uganda, it must be registered. … Certified copies of Memorandum of Articles of Association/Charter/ Constitution and Certificate from the country of origin duly witnessed.
What is the most profitable business in Uganda?
What are the most profitable business ventures in Uganda?
- 1 Agricultural production. Food is one the primary requirements in any society. …
- 2 Restaurants. …
- 3 Pharmaceutical services. …
- 4 Transport services. …
- 5 Education services. …
- 6 One-stop shopping centers. …
- 7 Salon services. …
- 8 Tourism.
What is the most successful business in Uganda?
- Food processing. Much of the food consumed in Uganda is imported. …
- Construction. …
- Real estate. …
- Small manufacturing industries. …
- Tourism and hospitality. …
- Transport services. …
- Trading. …
- Computer and internet services.
Why should one register a company?
Why should you register for a Private Limited Company? Registering a Private Limited Company is the right choice, as it facilitates taxation benefits,credibility, business expansion, and quicker sanction of business loans.
How much is it to register a company in Uganda?
BUSINESS REGISTRATION FEES
| Service | Details | Costs (Ugx. & Us$) |
|---|---|---|
| Registration | Registration Fees | 24,000/= |
| Change of particulars | 10,000/= | |
| Search | 2,000/= | |
| Filing Fees | 1,000/= per copy |
What is a Ugandan company?
Notable firms
| Name | Industry | Headquarters |
|---|---|---|
| Kyagalanyi Coffee Limited | Consumer goods | Kampala |
| National Bank of Commerce (Uganda) | Financials | Kampala |
| National Insurance Corporation | Financials | Kampala |
| National Social Security Fund (Uganda) | Financials | Kampala |
How do I register a foreign company?
You can register a foreign (out-of-state) corporation in California by filing a Statement and Designation by Foreign Corporation (Form S&DC-S/N), along with a Certificate of Good Standing, to the Secretary of State’s office. There is a $100 filing fee.
What documents are required to form a company?
To incorporate their companies in India, Indian Nationals will require the following documents for DIN:
- PAN Card. The proposed Director of the Company should submit a PAN Card copy for company registration. …
- Address Proof. …
- Residential Proof. …
- Passport. …
- Address Proof. …
- Residential Proof.
6.03.2020
What are the requirements of registering a company?
The Notice of Incorporation, which is lodged with the MoI, contains the following information:
- Type of company.
- Incorporation date.
- Financial year-end.
- Registered address (main office)
- Number of directors.
- Company name.
- Whether the company name will be the registration number.
- The reserved name and reservation number.
27.02.2019
Can a foreign company own land in Uganda?
The 1995 Constitution grants land ownership rights solely to citizens of Uganda. Foreigners cannot own land freehold. They may, however, obtain leases for 49 or 99 years. Foreign investors, individual or corporate, cannot acquire land for the purpose of crop or animal production.