An investment license is required for all foreign Investors before any of their investments become operational. An investment License once obtained authorises the holder to make the arrangements necessary for establishing the business enterprise.
Currently the licence is free of charge and can be obtained within 2-5 working days. An application is made to the Executive Director of UIA using Form UIA 1 (obtainable from the UIA offices or online at www.ugandainvest.go.ug). The form is filled and returned to UIA with the following:
- A copy of the certificate of incorporation if it is a limited liability company, plus copies of the Memorandum and Articles of Association;
- A brief business plan;
- Detailed investment program indicating all investment capital goods, their value and timing of implementation.
For a foreign Investor to receive an investment license, s/he must demonstrate a minimum planned investment of at least US $ 100,000, while it is US$50,000 for local investors but registration is not obligatory for local investors.
Uganda Investment Authority
Plot 22B TWED Plaza Lumumba Avenue
P.O.Box 7418 Kampala, Uganda