How To Become Exporter In Uganda

Who Is Exporter?

An export in international trade is a good produced in one country that is sold into another country or a service provided in one country for a national or resident of another country. The seller of such goods or the service provider is an exporter; the foreign buyer is an importer.

How To Become Exporter In Uganda

Requirements

  1. Valid MDL or a mineral right.
  2. For new business – original certificate of registration (Business name) OR certificate of incorporation (Company) – Uganda Registration Services Bureau.
  3. Executed Form XII.
  4. An Import Permit for minerals from out of Uganda or proof of Royalty payment for minerals from Uganda.

How Much Is An Export License In Uganda?

UGX. 1,500,000 per annum
Export license issuance and renewal fees are UGX.1,500,000 per annum.

How Can I Start My Own Export Business In Uganda?

Getting started

  1. Select product. While the list of items that can be exported is far and wide, there are some products that are prohibited from being exported.
  2. Analysing your target market.
  3. Select business name and logo.
  4. PAN.
  5. Bank account.
  6. Obtain Importer-Exporter Code (IEC) Number.
  7. Obtaining RCMC.
  8. Get covered through ECGC.

How Do I Become A Exporter In Uganda?

  1. Establishing an Organisation.
  2. Opening a Bank Account.
  3. Obtaining Permanent Account Number (PAN)
  4. Obtaining Importer-Exporter Code (IEC) Number.
  5. Registration cum membership certificate (RCMC)
  6. Selection of product.
  7. Selection of Markets.

How Many Documents Are Required For Export In Uganda?

MANDATORY DOCUMENTS LISTED BY WORLD BANK IN DOING BUSINESS REPORT 2015
S. No.EXPORTSIMPORTS
1Shipping BillBill of Entry
2Commercial InvoiceCommercial invoice
3Packing ListPacking List

How Much Gold Does Uganda Export?

Exports In 2020, Uganda exported UGX 26.03B in Gold, making it the 28th largest exporter of Gold in the world.

Is Export Business Profitable In Uganda?

Import export business is a very lucrative business. While coming up with an idea costs nothing, executing and materializing is what will create a profitable business. Import and export of goods and services will always be a promising business and will help in opening up new avenues for you and your motherland.

Which Export Business Is Best In Uganda?

  • Vegetable Export.
  • Clothing.
  • Beauty Products.
  • Seafood Export.
  • Meat Exports.
  • Machinery Export Business.
  • Chemical Exports.
  • Petroleum Products.

How Do I Become An Importer Exporter In Uganda?

Starting an import/export business

  1. Get your business basics in order.
  2. Pick a product to import or export.
  3. Source your suppliers.
  4. Price your product.
  5. Find your customers.
  6. Get the logistics down.

How Do I Find Export Buyers In Uganda?

  1. Google Ads. Another great idea is to optimize your website visibility using Google Search Console.
  2. Google Search Console.
  3. A typical Facebook page of an Import/Export business interactive group.
  4. An example of an Uganda exporter’s profile on Alibaba.

How Can I Export Without Investment In Uganda?

  1. Make The Decision.
  2. Gain The Basic Knowledge.
  3. Obtain All The Needed Tools.
  4. Decide Your Market And Accordingly Select The Target Product.
  5. Make a Business Plan and Incorporate It By Doing Promotions.
  6. Develop Relations and Make Contacts.
  7. Raise Capital.