Commercial Registration In Uganda
A commercial register is a database which lists all companies which are licensed to operate in a country, region or municipality. The database includes key information about companies such as the company classification, industry sector, address, products and services provided and key employees.
Company Registration entails steps such as name reservation, filing and signing of forms, Memorandum & Articles and submission to the Uganda Services Registration Bureau (URSB). Registering your business establishes it as a legal entity, which offers the following benefits, you have limited personal liability, you may receive certain tax benefits, it is easier to receive loans and capital, and you create a brand that can build a professional relationship with customers.
Certificate For Commercial Registration In Uganda
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Certificate
Process Of Commercial Registration In Uganda
Choose business structure. The first step is to decide on a business structure.
Find a location.
Register your business name.
Register with the IRS.
Register with state and local agencies.
Apply for licenses and permits.
Cost Of Commercial Registration In Uganda
| Details | Costs (Ugx. & US$) |
|---|---|
| Registration fees of nominal capital of UGX 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 5M |
| Registration of certified copy of memorandum or equivalent | UGX 948509.00 |
Documents Required For Commercial Registration In Uganda
Passport.
Election Card or Voter Identity Card.
Ration Card.
Driving License.
Electricity Bill.
Telephone Bill.
Aadhaar Card.
Scan copies of identification documents for directors and secretaries, memorandum and articles of association, form s18 (application for registration of company, statement of nominal income and notice of appointment of directors.
This document contains your company’s vital information, including the company’s full name, the company’s unique registration number. the date of incorporation, the Registrar’s seal.
Extract From The Commercial Registration In Uganda
An extract from the business register of Uganda can be used in order to, Obtain detailed information about potential business partners. Negotiate foreign trade agreements. Register legal entities with foreign participation.
Important For Commercial Registration In Uganda
Registering your business establishes it as a legal entity, which offers the following benefits, you have limited personal liability, you may receive certain tax benefits, it is easier to receive loans and capital, and you create a brand that can build a professional relationship with customers.
To make it clear, all commercial companies, which are those that aim to carry out a commercial activity, are required to register in the Commercial Register without exception.
Office Location For Commercial Registration In Uganda
Uganda Registration Services Bureau
Uganda Business Facilitation Centre Plot 1 Baskerville Avenue, Kololo
Toll Free: 0800 100 006
Call Center: +256 417 338 100
Phone: +256 414 233 219 / 0417338000
Whistle Blower Hotline: 0414673200
WhatsApp: 0712 448 448
Fax: +256 414 250 712
ursb@ursb.go.ug (General Correspondences)
helpdesk@ursb.go.ug (For Enquiries)