Yes, you can own a 100 percent foreign company in Uganda because the Uganda economy is fully liberalized. You will however need to invest a minimum of about USD100,000 as a foreign investor to qualify for Uganda Investment License which comes with some Tax Incentives.
Can a foreigner open a company in Uganda?
In order to start a business in Uganda, as a foreigner, you will need to be; Legally in Uganda. This means that you need to have entered the Country with the preferred documentation. A passport and a visa or another pass as legally required depending on the nature of the business.
How do I start a business in Uganda?
How To Start A Business In Uganda
- Step 1: Make Business Research. …
- Step 2: Write A Business Plan. …
- Step 3: Source and Plan For Finances. …
- Step 4: Choose A Business Structure. …
- Step 5: Register Your Business Name. …
- Step 6: Aquire Business Licenses and Permits. …
- Step 7: Select A Business Location. …
- Step 8: Recruit / Arrange Your Team.
23.06.2017
Is it safe to do business in Uganda?
Uganda is ranked 115th (out of 141) in the World Economic Forum’s Global Competiveness Index and 116 (out of 190) in the World Bank’s ‘Ease of Doing Business’ Index. Read the World Bank’s more in-depth publication and guidance for business; Economy Profile 2020 – Uganda.
How do I register a foreign company in Uganda?
2. What will you require to register a foreign company in Uganda
- Memorandum and Articles of Association certified by the Registrar of Companies from the Country of origin.
- Certified copy of the certificate of incorporation/ registration from country of origin.
- Certified copy(s) of bio pages of Directors passport.
15.01.2018
What profitable business can I start 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 is it 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 |
Which business is best for earn money?
If you’re one of these people, here are 10 business ideas that could enable you to make money while changing the world.
- Educational blogging. …
- Teaching online. …
- Green app developer. …
- Uber driving. …
- Social crowdfunding. …
- Creating a betterment program. …
- Writing ebooks. …
- Create an educational travel company.
What business can I do with 500000?
That being said you can pick from these top 12 lucrative business ideas you can start in Nigeria with 500k or less than 1 million naira.
- Printing and Publishing.
- The Building Block Business.
- Renting Service for Building Materials.
- Computer Service Center.
- Farming.
- Food Processing.
- Sports Betting.
- Exportation.
26.03.2020
What business can I start with 1000000?
Business I can start with 1 million naira in Nigeria
- Opening a small supermarket. …
- Opening a small restaurant. …
- Boutique business. …
- Phone and computer accessory business. …
- Bakery business. …
- Producing yoghurt and ice cream. …
- Poultry farming. …
- Fish farming.
16.01.2019
Why should one register a company?
Why should you register for a Private Limited Company? Registering a Private Limited Company is the right choice, as it facilitates taxation benefits,credibility, business expansion, and quicker sanction of business loans.
What is a foreign company in Uganda?
A foreign company is a company which is incorporated in another country. If such a company wishes to carry out business in Uganda, it must be registered. … Certified copies of Memorandum of Articles of Association/Charter/ Constitution and Certificate from the country of origin duly witnessed.
What is a Ugandan company?
Notable firms
| Name | Industry | Headquarters |
|---|---|---|
| Africell | Telecommunications | Kampala |
| Aya Group | Conglomerates | Kampala |
| Bank of Africa Uganda Limited | Financials | Kampala |
| Bank of Baroda Uganda Limited | Financials | Kampala |
What documents are required to form a company?
Documents Required for Company Registration
- Passport.
- Election Card or Voter Identity Card.
- Ration Card.
- Driving License.
- Electricity Bill.
- Telephone Bill.
- Aadhaar Card.
How do I register a foreign company?
You can register a foreign (out-of-state) corporation in California by filing a Statement and Designation by Foreign Corporation (Form S&DC-S/N), along with a Certificate of Good Standing, to the Secretary of State’s office. There is a $100 filing fee.
How do I register my small business?
- Obtain Digital Signature – …
- Get your Director Identification Number (DIN) – …
- Secure your Company Name – …
- Prepare the Memorandum and Articles of Association – …
- File the INC-29 and get the Incorporation Letter – …
- Obtain the Permanent Account Number – …
- Open a Current Account – …
- Get MSME Udyog Aadhaar Registration –