How long does it take to register a business in Uganda?

How long does it take to register a company in Uganda?

Upon registration, the Registrar will issue a certificate on incorporation within two working days.

What are the requirements of registering a business in Uganda?

How To Register Your Company In Uganda.

  1. Secure and reserve your interested company name. …
  2. Membership subscription. …
  3. Register to obtain a certificate of incorporation. …
  4. Register for a Tax Identification Number (TIN). …
  5. Register for Value Added Tax (VAT).

How do I register a business name in Uganda?

Registering a Business Name

  1. Conduct a Search(using the business Registration form) and establish if the name you register is available for use;
  2. Pay the Registration fees;
  3. You will receive a certificate of registration of a business name.

How long does it take to get business registration certificate?

The entire process for registering a business name normally takes 1-2 weeks, depending on the workload of the CAC and other factors. You do not need a lawyer to register a business name, however, if you want to register a company, you need the services of a lawyer or other accredited agent.

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How much money is needed to register a company in Uganda?

BUSINESS REGISTRATION FEES

Service Details Costs (Ugx. & Us$)
Registration Registration Fees 24,000/=
Change of particulars 10,000/=
Search 2,000/=
Filing Fees 1,000/= per copy

What business can I start with little money in Uganda?

Our list includes the following:

  • #1. Gardening business. Gardening is a low-cost home business any Ugandan can afford. …
  • #2. Hairdressing business. Hairdressing is a profitable low-cost home business in Uganda. …
  • #3. Fish farming. …
  • #4. Chicken rearing. …
  • #5. Winemaking. …
  • #6. Professional services. …
  • #7. Blogging. …
  • #8. Making crafts.

How much does it cost to register a company?

The registration fee for organization’s whose nominal share capital is limited to Rs. 10,00,000 – Rs 2,000. The registration fee for organization’s whose nominal share capital ranges between Rs 10,00,000 to Rs 50,00,000 – Rs 2000.

What are the advantages of registering a business?

Registering your business could broaden your potential client and supplier base, because many customers and suppliers prefer to deal with a Private Company as opposed to an individual. Furthermore, being registered will allow you to pitch for business to larger corporates and government.

What are the steps in registering a company?

How to Register a Company in 3 steps

  1. Register your company from the comfort of your house or office. …
  2. Step 1: Submit your application online. …
  3. Step 2: All registration documents will be lodged with the Registrar. …
  4. Step 3: The company registration certificate will be emailed to you. …
  5. Private Company. …
  6. Non Profit Company.

Which business is best in Uganda?

Top 10 Small Business Investment Opportunities in Uganda

  • Food processing.
  • Construction.
  • Real estate.
  • Small manufacturing industries.
  • Tourism and hospitality.
  • Transport services.
  • Trading.
  • Computer and internet services.
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How do I register a small business in Uganda?

A. 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.

Can I register a business online in Uganda?

Steps to Starting a business in Uganda. – Declaration of companies. Register for a Tax Identification Number (TIN) with Uganda Revenue Authority (URA). … The TIN application can be completed online on the website URA: ww.ura.go.ug.

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