Company License Application In Uganda

Company License Application In Uganda

Business licenses are permits issued by government agencies that allow individuals or companies to conduct business within the government’s geographical jurisdiction. It is the authorization to start a business issued by the local government

Benefits Of Registering a Company

  • Obtain legal Identity/status
  • Safeguard your business name by acquiring a trade name.
  • Access opportunities like loans, tenders, financing etc.
  • Business formalization creates more employment opportunities through business expansion.
  • Enables registration for licenses e.g Investment, trading and taxation licenses.
  • Better marketing and advertising opportunities for increased clientele
  • Improved competitiveness in the regional market

Benefits Of Registering a Document

Registered documents are admissible in the court of law since they have evidential value in the eyes of the law. This means that un-registered documents are not readily acceptable and admissible in a court of law.
Registered documents safeguard the interest of a buyer since they take effect against every un-registered documents relating to the same property. In other words, the registration of documents preserves the title of the buyer.
Registering your document puts it on the government record which renders credibility to the document and makes it a notice to the public at large in respect to the subject matter of the document.

  • Obtain legal Identity/status
  • Safeguard your business name by acquiring a trade name.
  • Access opportunities like loans, tenders, financing etc.
  • Business formalization creates more employment opportunities through business expansion.
  • Enables registration for licenses e.g Investment, trading and taxation licenses.
  • Better marketing and advertising opportunities for increased clientele
  • Improved competitiveness in the regional market

Registering a Document

Before you present a document for registration, please ensure that the major features of the document are clearly and properly represented on each copy of the document.
The document should be presented in triplicate (3 copies) and should be duly witnessed.

Certification of Documents

To have a document certified:

  • Present copies of the document to be certified;
  • Pay the certification fees; and
  • Hand in the documents and payment receipt at the Business Registry

How To Apply For A Company License In Uganda

Steps of Appling For A Company License In Uganda

  1. Search for the Company name.
  2. Reserve the Company Name.
  3. Obtain Certificate of Incorporation.
  4. Obtain an Investment License.
  5. Obtain a Taxpayer Identification Number (TIN)
  6. Obtain a Trading License.
  7. Register with National Social Security Fund (NSSF)
  8. Make a Company Seal.

How Much Is Company Registration In Uganda?

DETAILSCOSTS (UGX)
Registration fees of nominal capital of 1M-5MUgx 50,000
Registration fees of nominal capital exceeding 5M1% of Share Capital
Stamp duty0.5% of share capital on new companies with share capital above Ugx 37.50M
Registration of certified copy of memorandum or equivalentUgx 1875.00

Where Can I Register My Company 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.

See Also: Business License Application In Uganda

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

  1. Address: Uganda Registration Services Bureau. Plot 5 George Street, Georgian House, P.O. Box 6848 Kampala Uganda.
  2. Phone: +256 414 233 219.
  3. Call center +256 417 338 100.
  4. Whatsapp: +256 712 448 448.
  5. Toll free: 0800 100 006.
  6. Fax: +256 414 250 712.
  7. Email: ursb@ursb.go.ug.