Quick Answer: How do I register a small business in Uganda?

How much does it cost to register a company in Uganda?

Business Registration Forms Fees

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

How do I get a business license in Uganda?

WHAT ARE THE REQUIREMENTS FOR APPLICATION?  Identification: passport/ Driving permit/Voter’s card.  Original KCCA receipt for the previous year for already existing business.  Original certificate of incorporation of the company for the new business.

How do I register my business by myself?

Four major steps to register a company/ startup in India:

  1. Step 1: Acquire Digital Signature Certificate (DSC)
  2. Step 2: Acquire Director Identification Number (DIN)
  3. Step 3: Create an account on MCA portal- New user registration @ mca.gov.in.
  4. Step 4: Incorporate or Apply for the company to be registered.

What is the process of business registration?

How to Register a Business

  1. Choose business structure. The first step is to decide on a business structure. …
  2. Find a location. …
  3. Register your business name. …
  4. Register with the IRS. …
  5. Register with state and local agencies. …
  6. Apply for licenses and permits.
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What documents are needed to register a company?

The following supporting documents are required: o Certified identity copy of applicant; o Certified copies of the Identity Documents or passport of the Directors and Incorporators; o The name confirmation certificate (COR9.

Can I register my business online in Uganda?

The process of registering your business name at Uganda Registration of Service Bureau can start with “searching the name of your business; here everyone needs to come up with at least 3 name options of your choice, fill in a name reservation form that can be obtained from the physical office or website of Uganda …

What small business can I start in Uganda?

Top 21 Best Small Business Ideas In Uganda to Start in 2022

  • Start Blogging as a Business.
  • Private refinery business.
  • Dry cleaning service.
  • Business of recharging Sim cards.
  • Start a Restaurant Shop.
  • Start a writing service.
  • Bakery Shop.
  • Staffing agency.

How much does a business license cost in Uganda?

The founder must pay the relevant license fee at the bank, as follows: Opening office: UGX 156,500. Carrying out retail Uganda business: UGX 206,500. Carrying out wholesale Uganda business: UGX 366,500.

What business can I start with small capital 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 do you register a one person company?

One Person Company (OPC) Registration Process

  1. Step 1: Apply for DSC. …
  2. Step 2: Apply for DIN. …
  3. Step 3: Name Approval Application. …
  4. Step 4: Documents Required. …
  5. Step 5: Filing of Forms With MCA. …
  6. Step 6: Issue of the Certificate of Incorporation.
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How do you get a startup license?

Steps to Register Your Startup With Startup India

  1. Step 1: Incorporate your Business. …
  2. Step 2: Register with Startup India. …
  3. Step 3: Get DPIIT Recognition. …
  4. Step 4: Recognition Application. …
  5. Step 5: Documents for Registration. …
  6. Step 6: Recognition Number. …
  7. Step 7: Other Areas.

How do I register a sole proprietorship?

Documents Required For A Sole Proprietorship

  1. Aadhar Card. Aadhar number is now a necessity for applying for any registration in India. …
  2. PAN Card. You can’t file your income tax return until you get a PAN. …
  3. Bank Account. …
  4. Registered Office Proof. …
  5. Registering as SME. …
  6. Shop and Establishment Act License. …
  7. GST Registration.

Should you register your small business?

Most business of any appreciable size need to be registered with one or more government agencies. The exception is small, one-person business, which can carry out many types of operations, without any formal registration. Small partnerships may not be required to register either.

How do I register a sole proprietorship business in Uganda?

To register a sole proprietorship with the URSB and receive a business certificate, business owners must submit an online form and pay a one-time registration fee of 24,000 UGX. Once those compliance requirements have been fulfilled, businesses are free to begin trading as officially recognized entities.

What is a business structure for a small business?

According to the IRS, there are five business structures to choose from: Sole proprietorship. Partnership (general, limited, or limited liability partnerships) Limited Liability Company (single-member or multi-member LLC) Corporation.