Application Requirements:
- Fill Entry / work permit form.
- 2 passport size photos.
- Photocopies of passport.
- Attach Covering letter from company.
- Land title.
- Uganda Investment Authority License.
- Letter from Ministry of Agriculture regarding intended agriculture venture.
- Recommendation from LC’s or RDC’s office.
Contents
How do I get an investment license in Uganda?
Investment Licences In Uganda
- Copy of the Certificate of Incorporation.
- Copy of the Memorandum and Articles of Association.
- A business plan.
- Proof of financial ability to implement proposed project i.e. bank statement or letter project support form a bank.
- Proof of proposed physical location of project Secondary Licenses.
How investment clubs work in Uganda?
Investment clubs in Uganda are largely informal, without legal personality and only bound together by the trust the respective members have in each other.Investment clubs represent groups of people who come together and pool resources for investment. Many such clubs in Uganda lack legal personality.
Can foreigners invest in Uganda?
Ugandan law permits foreign investors to acquire domestic enterprises and to establish green field investments. The Companies Act of 2010 permits the registration of companies incorporated outside of Uganda.All investors must obtain an investment license from the UIA.
Who is the director of Uganda investment Authority?
Mr Robert Mukiza
Mr Robert Mukiza officially took office today as the Uganda Investment Authority’s Director General. Mukiza’s role involves promoting, attracting and facilitating investment in Uganda, advising the government on investment policy and advocating for a competitive business environment in Uganda.
How do I get a certificate of investment?
If you’re considering opening a certificate of deposit, consider these six steps:
- Find an insured financial institution.
- Pick a type of CD.
- Choose your term.
- Decide how often you want to collect your interest payments.
- Create your account.
- Fund the CD.
How can I start a small scale business in Uganda?
20 Best Small Business Ideas In Uganda 2021
- Start Blogging as a Business. If you can write or have the capacity to learn how to write, start a blog.
- Private refinery business.
- Dry cleaning service.
- Business of recharging Sim cards.
- Start a Restaurant Shop.
- Start a writing service.
- Bakery Shop.
- Staffing agency.
Can an investment club own property in Uganda?
Real estate.
Real estate investment is a popular investment option in Uganda and all over the world. It is an easy way to get passive income and stable cash flows. The number of ways club members can engage in property business include home making, flipping houses, owning and renting property.
What law governs investment clubs in Uganda?
Cooperative Societies Act Cap 112
Investment clubs can take the form of Cooperatives. Cooperatives in Uganda are regulated under the Cooperative Societies Act Cap 112 and governed in accordance with the byelaws signed by the members.
How does an investment club work?
An investment club refers to a group of people who pool their money to make investments. Usually, investment clubs are organized as partnerships—after the members study different investments, the group decides to buy or sell based on a majority vote of the members.
Can a non citizen buy land in Uganda?
In general terms there are no restrictions on foreigners buying property in Uganda.The 1995 Constitution grants land ownership rights solely to citizens of Uganda. Foreigners cannot own land freehold. They may, however, obtain leases for 49 or 99 years.
Can Kenyans buy land in Uganda?
Yes, foreigners can buy and own property in Uganda and are now the major Land buyers in Uganda. The Uganda Government promotes foreign investments and foreigners have civil liberties to own properties 100% under a leasehold land tenure system.
How much do I need to start a business in Uganda?
According to him, importation business can be started with 200,000 to 500000 Uganda Shillings and be sure of making 1,500,000 Uganda Shillings monthly, if importing the right products.
When was UIA established?
The UIA was founded in 1907 by two Belgians, Henri La Fontaine and Paul Otlet.
Who is the current executive director of Uganda Investment Authority?
President Yoweri Museveni has appointed Robert Mukiza the substantive Executive Director, Uganda Investments Authority (UIA).
What is Investment Authority?
Investment authority means the responsibility conferred by action of law or a provision of an appropriate governing instrument to make, select or change investments, review investment decisions made by others, or to provide investment advice or counsel to others; Sample 1.
What is account investment certificate?
In Canada, a guaranteed investment certificate (GIC) is a deposit investment sold by Canadian banks and trust companies. People often purchase them for retirement plans because they provide a low-risk fixed rate of return and are insured, to a degree, by the Canadian government.
What is CDS account?
A Central Depository System (CDS) account is an account that records the ownership of your stock holdings and any of your transaction history whenever you buy or sell shares. Take it as an electronic safe box that keeps your shares.
What is SSL certified?
An SSL certificate is a digital certificate that authenticates a website’s identity and enables an encrypted connection. SSL stands for Secure Sockets Layer, a security protocol that creates an encrypted link between a web server and a web browser.
Which business can I start with little 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.
Which business is profitable in Uganda?
Tourism is one of the most profitable sectors in Uganda.
