Starting a Business in Uganda as a Ugandan Entrepreneur
We are happy you decided to start your own business and would like to guide you through the process.
Listed below are types of businesses that local entrepreneurs can register in Uganda:
- Private Limited Liability Companies: These are limited by either shares or guarantee. It includes a single member company and consists of 1-100 members.
- Public Companies: They are open to public subscription and can have a membership from 7 to infinity.
Below is a detailed summary of the first official steps that entrepreneurs wishing to incorporate and register new firms in Uganda have to go through. Under every single step you will find information about requirements, time and costs of the procedures.
Search for Business Name
Agency: Uganda Registration Services Bureau Period: 1 Day Cost: UGX 2000
Reserve the Business Name
Agency: Uganda Registration Services Bureau Period: 2-4 days Cost: UGX 20,000
Obtain Certificate of Incorporation
Agency: Uganda Registration Services Bureau Period: 1-3 Days Cost: –
Obtain an Investment License
Agency: Uganda Investment Authority Period: 2-5 Days Cost: Free of Charge
Obtain a Taxpayer Identification Number (TIN)
Agency: Uganda Revenue AuthorityPeriod: 1-10 DaysCost: Free of charge
Obtain a Trading License
Agency: Kampala Capital City Authority Period: 1 Day Cost: UGX 78,750 – UGX 498,750
Register with National Social Security Fund (NSSF)
Make a Company Seal
Agency: Seal Maker Period: 1 Day Cost: UGX 225,000