Uganda flag Uganda: Investing in Uganda

Investment framework and opportunities in Uganda

Procedures Relative to Foreign Investment

Freedom of Establishment
Ugandan law allows for 100% foreign-owned businesses, and foreign businesses are allowed to partner with Ugandans without restrictions.
Acquisition of Holdings
A majority holding interest in a local company by a foreign investor is legal in Uganda.
Obligation to Declare
The Uganda Investment Authority has the function of vetting applications for the establishment of investments, granting investment licenses, managing the grant of investment incentives to foreign investors, helping investors secure other relevant authorizations, granting approvals and permits required to undertake specific investments, addressing complaints by foreign investors and dealing with any other administrative issues related to investment.
In most cases, foreign investors have to separately register with the Uganda Registration Services Bureau (URSB) and file taxes separately with the Uganda Revenue Authority (URA).
Competent Organisation For the Declaration
Uganda Investment Authority
Requests For Specific Authorisations
The Investment Code Act prevents foreigners from directly investing in crop or animal production, although foreigners can either lease land or create a Ugandan-based firm to invest in these sectors.

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Investment Opportunities

Investment Aid Agency
Uganda Investment Authority
Tenders, Projects and Public Procurement
Goverment of Uganda: Procurement Portal
Tenders in Uganda
Other Useful Resources
2021 Investment Climate Statements by the U.S. Department of State

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Latest Update: May 2024

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