How To Register An Enterprise In Uganda

What Is Register An Enterprise?

Enterprise is another word for a for-profit business or company, but it is most often associated with entrepreneurial ventures. People who have entrepreneurial success are often referred to as “enterprising.” There are many forms of legal enterprises, with the most common in the Uganda.

What Are The Steps To Register An Enterprise In Uganda?

  1. Search for Business Name
  2. Reserve the Business 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
#ProcessResponsible BodyChargesRequirements
1Company name Reservation with Uganda Registration Service Bureau(URSB)URSBUg.X 20,000 &  Ug.X 2,200 bank feeCompany name assessment forms
2Membership Subscription with Uganda National Chamber of Commerce(UNCCI)UNCCIAnnual subscription as per categoryAssociate =1,100,000/-Gold = 510,000/-Silver = 260,000/--Certified Name Reservation Form-Business Case-Passport copy & Photo of one of the directors
3Company Registration to obtain the Certificate of IncorporationURSB– Registration fees: UGX 20,000– Stamp duty: 0.5 % of the share capital– Stamp Duty on Memorandum & Articles of Association: UGX 35,000– Filing Fees: UGX 25,000– Filing Form A3: UGX 20,000– Filing Form 7/20: UGX 20,000– Filing Form A9: UGX 20,000-Filing Form A2: UGX 10,000– -Company Books
– Memorandum of Agreement
– Articles of Association
– Declaration of companies.
– Form A1:
– Form A2:- Form A3:- Form 7:– Form 9A:
– Company Resolutions:
4Register for a Tax Identification Number (TIN) with Uganda Revenue Authority (URA).URANo charges. The TIN application can be completed online on the website URA: inquiry form for each director.
5Register for VAT with Uganda Revenue Authority (URA) if the company has a threshold of over 50,000,000 shillings.URANo charges.Statement of Nominal Fapital Form that states share capital, number and class of shares, value of the shares.
6    Register  for the trading license with the Municipal Authority where the company premises are locatedMunicipal Authority eg. Kampala Capital City Authority(KCCA)Charges depend on the nature of business and grade. Its assessed by Municipal Authority / KCCA– Memorandum of Understanding and Articles of Association,– Form 7: With the name of the directors,– Certificate of incorporation,– Lease/ Tenancy agreement.
7Register with the National Social Security Fund (NSSF). All employers with more than 5 employees are obliged to pay an NSSF contribution of 10% to their employees.NSSFNo charges

Additional Items An Enterprise Needs To Operate Well

A Company Seal

Agency: Seal Maker

Period: 1 Day 

Cost: UGX 225,000

It’s manadatory to have company seal. Section 117 (b) of the companies Act 2012 provides that every Company shall have its name engraved in legible letters on its seal which shall take the form of embossed metal die.

How To Open A Bank Account For Your Enterprise? 

When you have all the official documents for doing business in Uganda, you can then open up a current account for the company in any commercial bank. Some of the requirements for opening a bank current account include:-

  • Tax Identification Number (TIN)
  • Certified Certificate of Incorporation.
  • Certified Memorandum of Understanding and Articles of Association,
  • Company form 7 or 19,
  • A Trading License
  • A company resolution on a headed paper to open up an account.
  • An official letter to the Bank Manager requesting to open up an account
  • Plus a specified minimum opening amount

Physical Offices Or Premises For Your Enterprise In Uganda

You need premises from where to operate smoothly your need business or industry. Ecoland Property Services is a provider for all types of business buildings or space. You can work on the physical address before you fullfill most of the above-mentioned steps for doing business or setting up an industry in Uganda.

Post Office Box Number For Your Enterprise In Uganda 

It’s professional for any company in Uganda to have a Post Office Box Number through which parcels, documents or physical items can be addressed to it.

Stamp And Logo For Your Enterprise In Uganda 

A Stamp or a Logo offer a corporate look for the company. You need a stamp and logo that will always appear on the company documents and other assets.

Recruitment Of Staffs For Your Enterprise In Uganda 

After meeting all the legal requirements to do business in Uganda, you then embark of recruiting all categories of manpower that you need to run the company.In case you need further clarifications, don’t hesitate to contact us for any form of assistance within our means.

How Do I Register My Business With Enterprise?

The Small Business Administration (SBA) is a great resource that provides many tools to help with registering your business.

  1. Choose a Business Structure.
  2. Pick a Business Name.
  3. Register with the State.
  4. Register with the IRS.
  5. Obtain Business Licenses.
  6. Maintain a Business License.

How Much Money Is Needed To Register For Your Enterprise In Uganda ?

Uganda business incorporation costs in Year 1 amount to Ugx 34305103.45 and annual company costs in Year 2 and thereafter amount to Ugx 14575225.30. The average total fees per Uganda company setup engagement amounts to Ugx 65055273.90, including Uganda business incorporation, company secretary and corporate bank account.

How Can I Register My Enterprise In Uganda ?

How to register a local business

  1. Search for the business name.
  2. Reserve the Business 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 Do I Start An Enterprise?

  1. Decision to be an Entrepreneur.
  2. Choosing your form of Business Organisation.
  3. Making a Product Choice.
  4. Location of Industry.
  5. Preparation of Business Plan.
  6. Sourcing Process, Raw Materials, Machineries and Equipments.
  7. Infrastructure – Land & Building, Water and Power Supply.
  8. Legal Aspects.

What Are Different Formalities Required To Set Up An Enterprise?

  • Step1. Identification of business opportunity.
  • Generation of business idea.
  • Feasibility Study.
  • Step 4: Preparation of a business plan.
  • Step 5: Launching the enterprise and managing the business.
  • Lack of legal knowledge.
  • Lack of experience.
  • Lack of finance.

What Documents Are Needed To Register Enterprise In Uganda?

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.

Can I Register An Enterprise Online In Uganda?

Declaration of companies. Register for a Tax Identification Number (TIN) with Uganda Revenue Authority (URA). No charges. The TIN application can be completed online on the website URA:

How Do I Register An Enterprise With URA In Uganda?

Company Registration

  1. Generate payment assessment through the URA portal and make payments using any method of your choice i.e. through the bank, mobile money etc.
  2. Scan copies of the documents for submission.
  3. Fill the application form and attach the documents scanned in 2 above.

How Long Does It Take To Register An Enterprise In Uganda?

Here, you need to take employer forms and employee forms for registration, and this may take up 1-7days and cost-free of charge.

How Do I Register My Enterprise Name?

  1. Step 1: Acquire Digital Signature Certificate (DSC)
  2. Step 2: Acquire Director Identification Number (DIN)
  3. Step 3: Create an account on MCA portal- New user registration @
  4. Step 4: Incorporate or Apply for the company to be registered.

What Are The Legal Requirements For Starting An Enterprise In Uganda?

  • Create a LLC or Corporation.
  • Register Your Business Name.
  • Apply for a Federal Tax ID Number.
  • Determine If You Need a State Tax ID Number.
  • Obtain Business Permits and Licenses.
  • Protect Your Business with Insurance.
  • Open a Business Bank Account.
  • Consult the Professionals.

How Do I Reserve An Enterprise Name In Uganda?

To reserve the name for a company

  1. Obtain application form from the Uganda Registration Service Bureau or download it through this link: Business registration Form(select Reservation of Name.)
  2. Fill in the application from and submit it to the assessment window at the Uganda Service Registration Bureau (USRB)

How Much Is A TIN Number In Uganda For Your Enterprise In Uganda ?

What is a TIN? The Tax Identification Number (TIN) is a 10-digit number that works as your identity when meeting tax obligations. Like a bank account number, the TIN acts as an account number for a taxpayer with URA. It is issued at every URA service center using the authority’s online platform at no cost.

How Do I Get A Log Book From URA For Your Enterprise In Uganda ?

This is a process where a taxpayer captures details of the old log book into the URA online motor vehicle register to acquire a new log book. The Applicant has to access the Uganda Revenue Authority web portal through Uganda Revenue Authority, then enter your user ID (TIN) and password and click Login.