How to Register a Business or Company in Uganda (2025 Guide)
Starting a business in Uganda is an exciting venture, but navigating the registration process can be daunting. Whether you're launching a small shop or a tech startup, this step-by-step guide will walk you through registering your business or company with the Uganda Registration Services Bureau (URSB).
Why Register Your Business in Uganda?
Registering your business offers several advantages:
Legal Identity: Establishes your business as a separate legal entity.
Access to Opportunities: Enables eligibility for loans, tenders, and government contracts.
Credibility: Builds trust with customers, suppliers, and partners.
Tax Compliance: Ensures adherence to tax laws and regulations.
Employee Benefits: Facilitates enrollment in the National Social Security Fund (NSSF).
Step-by-Step Guide to Business Registration
Step 1: Choose Your Business Structure
Selecting the appropriate business structure is crucial. Common options include:
Sole Proprietorship: Owned and operated by one individual.
Partnership: Owned by two or more individuals sharing profits and liabilities.
Private Limited Company: A separate legal entity with limited liability for shareholders.
Public Limited Company: Suitable for larger businesses intending to raise capital from the public.
Each structure has different legal and tax implications, so choose one that aligns with your business goals.
Step 2: Reserve Your Business Name
Before registering, ensure your desired business name is unique and available:
Online: Visit the URSB portal to check name availability.
In-Person: Go to any URSB office or the Uganda Investment Authority One Stop Centre.
Once approved, the name is reserved for 30 days.
Step 3: Prepare Required Documents
Depending on your business structure, you'll need to gather specific documents:
For Sole Proprietorships:
Form 18: Application for registration.
National ID: Valid identification.
Business Name: Proposed business name.
Registration Fee: Payment of UGX 24,000.
For Private Limited Companies:
Form A1: Statement of Nominal Share Capital.
Form A2: Declaration of Compliance.
Form 20: Particulars of Directors and Secretary.
Memorandum and Articles of Association: Governs company operations.
National IDs or Passports: For all directors and shareholders.
Proof of Name Reservation: Confirmation of approved business name.
Registration Fee: Payment of UGX 80,000.
Step 4: Submit Your Application
Submit your completed application and documents:
Online: Through the URSB e-Services portal.
In-Person: At any URSB office or the Uganda Investment Authority One Stop Centre.
Step 5: Obtain Your Certificate of Incorporation
After processing, you'll receive:
Certificate of Incorporation: Official recognition of your company.
Company TIN (Tax Identification Number): For tax purposes.
Company Seal: Required for official documents.
Additional Requirements
Depending on your business activities, you may need:
Business License: Issued by local authorities.
NSSF Registration: For businesses with employees.
Bank Account: Opened in the company's name.
Postal Address: Obtained from Posta Uganda.
Cost of Registration
Sole Proprietorship: UGX 24,000.
Private Limited Company: UGX 80,000.
Name Reservation: UGX 20,000.
Additional costs may apply for services like postal address registration and company seal procurement.
NB: PRICES ARE SUBJECT TO CHANGE AS PER BUREAU REGULATIONS
Timeline for Registration
The registration process typically takes:
Sole Proprietorship: 1-2 days.
Private Limited Company: 5-7 days.
Delays can occur if documents are incomplete or incorrect.
Final Thoughts
Registering your business in Uganda is a straightforward process that provides numerous benefits, including legal recognition and access to various opportunities. By following this guide and ensuring all requirements are met, you can set a solid foundation for your business's success.
