Company registration in Uganda

Name of service Bronze Silver Gold
Company name verification and reservation in Uganda Registrar of Companies Verifying the availability and reserving of your preferred company name in Uganda Registrar of Companies
Company registration in form of LLC, including government fees Preparation and submission of all required documents and fees to the relevant government authorities for company registration, ensuring a streamlined process for our clients
Memorandum of Association Preparation of the memorandum of association, which defines the procedure for the creation of the company; the authorized capital of the company; the size and nominal value of the shares of the founders, as well as the order of payment
Certificate of Incorporation Provision of international standard certificate of incorporation for your company
Company tax registration, TIN Gathering, processing and filing the necessary paperwork for registration with Uganda Revenue Authority
Company seal Production of the company seal
Assistance in opening a corporate account in local bank Collecting, processing and filing the necessary documents for opening a corporate account with a local bank
Assistance in opening a personal bank account Collection, processing and filing of the documents required to open a personal account, including consultation of appropriate jurisdiction
Local services (director/shareholder) for one (1) year Provision of a local resident shareholder or director for 1 (one) year
Free Consultation We offer a free consultation where you can discuss your needs and questions regarding company registration and management. Our experts will be happy to help you understand the process and provide guidance based on your situation. We are happy to answer your questions and help you make an informed decision about the services you need
Total cost
1800 USD 2800 USD 4700 USD
Provision of a legal address for 1 (one) year
1000 USD 1000 USD 1000 USD
Remote company registration with transfer of authority
300 USD 300 USD 300 USD
Accounting services
250 USD 250 USD 250 USD

Deal of the month

If you will register a company until 31 January,
opening a bank account is for FREE

6 easy steps to get started
  • 1

    Select your
    preferred jurisdiction

  • 2

    Choose a bank
    that meets your
    company's needs

  • 3

    Pay for our services
    using a convenient
    payment method

  • 4

    Receive all necessary
    corporate documents

  • 5

    Receive details
    for your newly opened
    bank account

  • 6

    We'll deliver the original
    documents directly
    to you

Uganda is one of the countries in East Africa that has a rapidly growing economy thanks to previously conducted reforms. It is also rich in natural resources and open to investments. If you are considering this jurisdiction as a target one, your business presence may be established here in one of these forms.

Major Forms of Legal and Business Presence

If you wish to start doing business in Uganda, your business presence may be arranged here in one of these forms:
  • Private Limited Company – an entity that is flexible and easy to start. It requires at least one shareholder. The maximum number of shareholders is 100 in this case. The liability of shareholders is restricted to the invested sums only. It requires at least one director. But, this entity is not entitled to offer its shares to the public. There are no requirements for minimum paid-up share capital.
  • Public Limited Company – an entity that can offer and transfer its shares to the public. At least five shareholders and two directors are required for this entity. The liability of shareholders is limited to the amount invested only. There are no requirements for minimum paid-up capital but such capital should be adequate to the types of activities a public entity is going to conduct.
  • Branch Office – a foreign company may establish in Uganda its branch to carry out those types of transactions it is authorized to do abroad.

Registration Requirements and Steps

If you intend to form a company in Uganda, it may be required to pass the following registration steps:
  1. Defining clearly business priorities you intend to realize through the local entity.
  2. Choosing and checking a business name with its possible reservation.
  3. Collecting details about shareholders and beneficiaries as a local company should keep a respective register.
  4. Arranging a future registered business address for a company.
  5. Choosing the company's directors and a secretary.
  6. Drafting constituent documents and registration forms.
  7. Submitting the entire package of required documents to the registrar.
  8. Registration for tax and social security purposes.
  9. Opening a corporate bank account.
  10. Obtaining additional licenses and permits that may be required for certain types of regulated activities.

Legal and Regulatory Framework

The local legal framework is rather flexible for founding a business and operating further. There are no applicable nationality and capital requirements as well as restrictions for carrying out commercial transactions both locally and worldwide. The principal legal act in the area of doing business is the Companies Act. Major state authorities foreign investors may deal with are the Uganda Registration Services Bureau, the Uganda Revenue Authority, and the Capital Markets Authority.

Tax System of Uganda

If you wish to create a company in Uganda, the next tax highlights should be also taken into account:
  • Corporate income tax (CIT) rate – 30%
  • Personal income tax rate – 40%
  • Value-added tax rate – 18%
  • Withholding tax rates (for non-residents) – () dividends – 15% (ii) interest – 15% (iii) royalties – 15%
  • Capital gains tax rates – (i) corporate – subject to the basic CIT rate (ii) personal – 40%

Advantages of the Jurisdiction

Company registration in Uganda may be a promising and easy-to-realize option taking into account the following advantages of the jurisdiction:
  • Uganda is a member of the World Trade Organization.
  • The country has a rapidly growing economy and modernizes its regulations.
  • It introduces flexible conditions for starting a local business and involving investments.
  • Zero restrictions are imposed on capital transfers.

How Aotopay Specialists May Help You

We offer prompt company registration and bank account opening services in Uganda and worldwide. New registration and ready-made options. Call the Aotopay Company.

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