List Of Companies Exempted From Withholding Tax In Uganda

What Is Withholding Tax?

Withholding tax is a set amount of income tax that an employer withholds from an employee’s paycheck. Employers remit withholding taxes directly to the IRS in the employee’s name. The money taken is a credit against the employee’s annual income tax bill.

Below Are The List Of Companies Exempted From Withholding Tax In Uganda

Company Name	Nationality		Tax Contribution (Shs)
1	MTN Uganda Limited		Telecommunications	458,706,552,944
2	Nile Breweries Ltd		Consumer Goods	197,934,390,207
3	Airtel Uganda Limited		Telecommunications	155,141,126,696
4	Uganda Breweries Ltd		Consumer Goods	131,009,038,978
5	Stanbic Bank (U) Ltd		Financials	102,380,424,743
6	Tororo Cement Ltd		Construction Materials	82,252,203,594
7	Century Bottling Co. Ltd		Consumer Goods	78,879,404,573
8	Bujagali Energy Limited		Utilities	74,975,273,650
9	Kakira Sugar Limited		Consumer Goods	70,620,565,962
10	Umeme Limited		Utilities	66,307,152,305
11	Kinyara Sugar Limited		Consumer Goods	62,498,406,168
12	Centenary Rural Development Bank Limited		Financials	61,003,838,681
13	Sugar Corporation of Uganda Limited		Consumer Goods	57,277,705,804
14	Standard Chartered Bank Uganda Limited		Financials	56,387,929,935
15	Hima Cement Ltd		Construction Materials	54,440,445,780
16	Civil Aviation Authority		Transportation & Logistics	49,098,386,859
17	Total E&P Uganda B.V.		Oil & Gas	44,851,548,338
18	Crown Beverages Limited		Consumer Goods	44,507,704,067
19	British American Tobacco Uganda		Consumer Goods	42,046,858,109
20	National Social Security Fund		Public Sector	35,529,043,912
21	Uganda Revenue Authority		Public Sector	33,194,711,411
22	Bidco Uganda Limited		Consumer Goods	32,249,143,173
23	National Water & Sewerage Corporation		Utilities	31,793,186,098
24	Barclays Bank (U) Ltd		Financials	30,006,673,720
25	CNOOC Uganda Ltd		Oil & Gas	27,268,149,349
26	DFCU Bank Limited		Financials	27,159,408,023
27	Africell Uganda Limited		Telecommunications	24,389,713,741
28	Total Uganda Limited		Oil & Gas & Consumable Fuels	23,948,558,696
29	Crane Bank Limited		Financials	22,853,853,946
30	The New Vision Printing and Publishing Corporation		Media	22,491,305,734
31	Tullow Uganda Operations PTY Limited		Oil & Gas	20,156,730,917
32	Diamond Trust Bank Uganda Limited		Financials	20,045,115,515
33	MultiChoice Uganda Limited		Media	18,243,062,975
34	Leaf Tobacco & Commodities (U) Limited		Consumer Goods	18,180,931,741
35	Uganda Electricity Transmission Company Limited		Utilities	16,922,047,493
36	Madhvani Group Limited		Conglomerate	16,074,295,418
37	Bank of Baroda (U) Limited		Financials	15,622,716,653
38	Vivo Energy Uganda Limited		Oil, Gas & Consumable Fuels	15,589,223,470
39	Toyota Uganda Limited		Automotive	15,338,522,921
40	The Jubilee Insurance Co Ltd		Insurance	15,073,646,569
41	Roofings Limited		Iron & Steel	14,959,068,105
42	Golf Course Group Limited		Hotels, Restaurants, & Leisure	14,695,577,977
43	Makerere University Council		Education	14,546,427,180
44	Ericsson AB Uganda Branch		Hardware	14,145,448,301
45	Schlumberger Oilfield Eastern Limited		Oil & Gas	14,051,644,249
46	TPS (Uganda) Limited		Hotels, Restaurants, & Leisure	13,440,765,645
47	Bakhresa Grain Milling Uganda Limited		Industrial Conglomerate	12,274,355,364
48	Aggreko International Projects Limited		Utilities	12,136,887,799
49	Citibank Uganda Limited		Financials	11,858,023,322
50	Rwenzori Bottling Company		Consumer Goods	11,802,108,453
51	UAP Insurance Uganda Limited		Insurance	11,677,047,896
52	Bank of Africa – Uganda Ltd		Financials	11,269,443,285
53	Sadolin Paints (U) Ltd		Chemicals	11,132,609,038
54	Uganda Communications Commission		Media	10,804,229,196
55	Roofings Rolling Mills Limited		Iron & Steel	10,789,151,957
56	Weatherford Services & Rentals Limited		Oil & Gas	10,488,099,621
57	Movit Products Limited		Consumer Goods	10,148,106,107
58	Baker Hughes Eho Limited		Oil & Gas	10,142,634,523
59	AIG Uganda Limited		Insurance	10,077,361,793
60	Pride Micro Finance Limited		Financials	9,759,914,726
61	Uganda Electricity Distribution Company Limited		Utilities	9,622,718,678
62	Apolo Hotel Corporation Limited		Hotels, Restaurants, & Leisure	9,535,248,552
63	Nokia Solutions and Networks Branch Operations OY		Telecommunications	9,327,421,926
64	JESA Farm Diary Limited		Consumer Goods	9,112,427,447
65	Eskom Uganda Limited		Utilities	9,001,497,663
66	BRAC Uganda Microfinance Limited		Financials	8,922,289,758
67	Uganda Wildlife Authority		Public Sector	8,000,438,508
68	KCB Bank Uganda Limited		Financials	7,707,731,570
69	Orient Bank Ltd		Financials	7,645,881,472
70	Housing Finance Bank Limited		Financials	7,577,260,607
71	Bollore Africa Logistics Uganda Limited		Transportation & Logistics	7,558,688,587
72	Africa EMS Mpanga Limited		Utilities	7,406,724,198
73	Computer Point Ltd		Technology Services	7,371,846,226
74	Unilever Uganda Limited		Consumer Goods	7,357,013,593
75	Saracen (U) Limited		Commercial Services	7,229,721,805
76	Equity Bank Uganda Limited		Financials	7,139,839,995
77	Deloitte Uganda Limited		Professional Services	7,066,451,015
78	Exalo Drilling S.A.		Energy Equipment & Services	7,041,983,398
79	World Vision International Uganda		Non-Profit Organisation	7,032,097,980
80	Uganda Telecom Limited		Telecommunications	7,022,025,852
81	Huawei Technologies Uganda Co Limited		Technology Services	6,951,620,426
82	The Infectious Diseases Institute Limited		Non-Profit Organisation	6,774,253,796
83	Security Group Uganda Limited		Commercial Services	6,696,249,780
84	International Energy Technik (U) Limited		Industrials	6,548,714,491
85	Monitor Publications Limited		Media	6,545,429,376
86	Post Bank Uganda Limited		Financials	6,479,267,514
87	PricewaterhouseCoopers Limited		Professional Services	6,457,859,888
88	Riley Packaging (U) Ltd		Containers & Packaging	6,213,007,572
89	Kyambogo University		Education	6,095,859,827
90	Ecobank Uganda Limited		Financials	6,059,478,822
91	Reynolds Construction Company (Nigeria) Limited		Engineering & Construction Services	6,052,359,491
92	DHL Supply Chain International Limited		Transportation & Logistics	5,989,476,764
93	TATA Uganda Limited		Automotive	5,755,075,844
94	G4S Secure Solutions Uganda Limited		Commercial Services	5,729,312,701
95	Hariss International Limited		Consumer Goods	5,729,109,233
96	Mukwano Industries (U) Ltd		Consumer Goods	5,612,247,200
97	Jacobsen Uganda Power Plant Co. Ltd		Utilities	5,537,859,343
98	Britania Allied Industries Limited		Consumer Goods	5,510,700,314
99	Uganda Clays Ltd		Construction Materials	5,455,362,933
100	Cipla Quality Chemical Industries Limited		Pharmaceuticals & Biotechnology	5,448,134,055

Who Should Pay Withholding Tax In Uganda?

According to Section 83(1) of the ITA, a tax is imposed on every non-resident person who derives any dividend, interest, royalty, rent, natural resource payment, or management charge from sources in Uganda.

How Do You Explain Withholding Tax In Uganda?

For employees, withholding is the amount of federal income tax withheld from your paycheck. The amount of income tax your employer withholds from your regular pay depends on two things: The amount you earn. The information you give your employer on Form W–4.

What Are The Types Of Withholding Taxes In Uganda?

Three key types of withholding tax are imposed at various levels in the Uganda: Wage withholding taxes, Withholding tax on payments to foreign persons, and. Backup withholding on dividends and interest.

What Is URA Withholding Tax In Uganda?

A resident person who pays management or professional fees to a resident person is required to withhold tax at a rate of 6% of the gross amount of the payment.

Who Qualifies For WHT Exemption In Uganda?

The conditions under which a withholding tax exemption certificate may be issued include: i) If the applicant is a registered tax payer. ii) If the applicant has been paying taxes for the last 3 years. iii) If the applicant is tax compliant.

What Is The Difference Between Withholding Tax And VAT In Uganda?

WHT is meant to curb income tax evasion and it is not a separate tax on its own. In contrast, Value Added Tax is a separate type of tax. VAT is a consumption tax payable on the goods and services consumed by any person whether government agencies, business organization or individual.