What Is A Business License?
It is the process by which business entities/ individuals are authorised to commence business/professional activities by a relevant regulatory authority. This authorisation can be in form of a permit, certificate, levy, license or a fee.
How To Apply For A Business License In Uganda
Identification: passport/ Driving permit/Voter’s card. Original KCCA receipt for the previous year for already existing business. Original certificate of incorporation of the company for the new business.
- Search for the business name.
- Reserve the Business Name.
- Obtain 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 Is Business Registration In Uganda?
| Details | Costs (Ugx) |
|---|---|
| Registration fees of nominal capital of 1M-5M | Ugx 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 Ugx 37.50M |
| Registration of certified copy of memorandum or equivalent | Ugx 1875.00 |
Where Can I Register My Business In Uganda?
Company Registration in Uganda is done by The Uganda Registration Services Bureau, an autonomous statutory body established by Chapter 210 Laws of Uganda in 1998. under Section 4(2) of URSB Act the Bureau is mandated to Carry out all registrations required under the relevant laws.
How Do I Register A Sole Proprietorship Business In Uganda?
To register a sole proprietorship with the URSB and receive a business certificate, business owners must submit an online form and pay a one-time registration fee of 24,000 UGX. Once those compliance requirements have been fulfilled, businesses are free to begin trading as officially recognized entities.
What Documents Are Needed To Register A Company?
The following supporting documents are required: o Certified identity copy of applicant; o Certified copies of the Identity Documents or passport of the Directors and Incorporators; o The name confirmation certificate (COR9.
What Are The Legal Procedures To Start A Business?
Legal Guide to the requirements and formalities involved in starting a business
- 1) Deciding on a business name.
- 2) Creation of a founder’s agreement.
- 3) Acquire all the legal licenses and registrations.
- 4) Be acquainted with the relevant tax regime and accounting norms.
- 5) Be acquaint with labour laws.
How Long Does It Take To Register A Business Name In Uganda?
This process may take up to 1hour, and the cost is 20,000ugx. Remember, name reservation takes only 30days to expire or before starting the registration process.
How Do I Check If A Business Name Is Available In Uganda?
Contact Us
- Address: Uganda Registration Services Bureau. Plot 5 George Street, Georgian House, P.O. Box 6848 Kampala Uganda.
- Phone: +256 414 233 219.
- Call center +256 417 338 100.
- Whatsapp: +256 712 448 448.
- Toll free: 0800 100 006.
- Fax: +256 414 250 712.
- Email: ursb@ursb.go.ug.
What Is Required To Register A Company In Uganda?
Company Registration entails steps such as name reservation, filing and signing of forms, Memorandum & Articles and submission to the Uganda Services Registration Bureau (URSB).
How Do I Reserve A Business Name In Uganda?
To reserve the name for a company
- Obtain application form from the Uganda Registration Service Bureau or download it through this link: Business registration Form(select Reservation of Name.)
- Fill in the application from and submit it to the assessment window at the Uganda Service Registration Bureau (USRB)