How Much Is Company Registration

How Much Is Company Registration

What Is Company Registration?

Company registration is the primary process by which business owners establish or incorporate their company. Since there are several types of companies in Uganda, entrepreneurs have to ensure they choose a business type that suits their operations.

How Much Is Company Registration In Uganda?

DetailsCosts (Ugx)
Registration Fees24,000
Change of particulars10,000
Filing Fees1,000 per copy

How To Register A Company In Uganda?

Search for the Company name.

Reserve the Company 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.

What Is Company Registration Requirements In Uganda?

Two valid IDs. Proof of Address. Contract of Lease (if rented) or Certificate of Land Title (if owned) Certificate of registration from DTI. Barangay Business Clearance.

How To Register Your Small Company In Steps and Make It Legit In Uganda?

Open a separate bank account.

Secure a Tax Identification Number (TIN) with the Bureau of Internal Revenue (BIR).

Register your Company name with the Department of Trade and Industry (DTI).

What Are The Benefits Of Registering A Company In Uganda?

Safeguard your Company name by acquiring a trade name. Access opportunities like loans, tenders, financing etc. Company formalization creates more employment opportunities through Company expansion. Enables registration for licenses e.g Investment, trading and taxation licenses.

What Is The Process Of Company Registration In Uganda?

Choose Company structure. The first step is to decide on a Company structure.

Find a location.

Register your Company name.

Register with the IRS.

Register with state and local agencies.

Apply for licenses and permits.

What Taxes Should My Company Pay In Uganda?

Company with employees must contribute to Social Security and Medicare taxes and pay state and federal unemployment taxes. Owners must collect and pay state sales taxes and state and federal excise taxes on certain business activities, and pay property taxes on certain business assets.

Which Office Will You Go To Register Your Own Company In Uganda?

The Department of Trade and Industry (DTI) is where single proprietorship enterprises register and secure their certificate of registration. Registering with DTI is imperative to ensure that you gain the right to use your Company name and give your enterprise a legal identity.

Why Is It Important To Register Your Company In Uganda?

Helps you avoid legal problems with the government. Secures your reputation as a legitimate Company. Builds trust among suppliers, customers, and employees. Allows you to fully market your brand and Company everywhere.

What Are The Disadvantages Of Registering A Company In Uganda?

The major disadvantage is that it does with the owner. All registered Company entities are liable to pay various taxes and thus have a TIN. For companies under part A, they are liable to pay company income tax, education tax and value added tax while the directors and members are liable to pay personal income tax.

How Long Does Company Registration Take In Uganda?

Documents are certified within 30minutes. name can be processed through the URSB website on