ILN: Establishing A Business Entity: An International Guide

476

[ESTABLISHING A BUSINESS ENTITY IN UGANDA]

photographs of at least two founder members. 18. A copy of Minutes, Signed Attendance List and resolution registered with Uganda Registration Services Bureau authorizing the organization to register with the NGO Bureau. 19. A statement showing the organizational structure of the NGO. 20. A recommendation from the District Non-Governmental Organizations Monitoring Committee (DNMC) where the Organization’s headquarters is located. 21. A recommendation from the responsible Ministry or Ministries, or a Government Department or Agency. 22. Period of time requested for the permit not exceeding five years. 23. New NGOs are given one month from the date they pick their permits of operation to submit a copy of the certificate of registration with the Data Protection Office. 24. The fees are 100,000/= for registration certificate and 60,000/= for permit of operation.

3. GOVERNANCE,

REGULATION

AND

ONGOING MAINTENANCE

• BRIEF SUMMARY OF REGULATION OF EACH TYPE, ONGOING MAINTENANCE AND REPORTING REQUIREMENTS ; a) Sole proprietorship; sole proprietorships are controlled by the following legislations; i) The Business Name Registration Act Cap 105 ii) The Uganda Registration Services Bureau Act Cap 217 iii) The Registration of Documents Act Cap 291 iv) The National Social Security Fund Act Cap 230 v) The Trade (Licensing) Act Cap 79 vi) The Stamp Duty Act Cap 339 vii) The Business Names Registration Rules S.I 109-1 viii) The Business Names Registration (Amendment) Rules S.I 53 OF 2005 ix) The Contracts Act, Cap. 284 x) The Anti-Money Laundering Act Cap 118 xi) The Income Tax Cap 338 xii) The Value Added Tax Act Cap 344 Maintenance and reporting requirements ; i) Registering with the Uganda

Revenue Authority, by virtue of the Income Tax Act. 46 Resident persons are taxed according to

46 Section 4 of the Income Tax Act, Cap 338

ILN Corporate Group – Establishing a Business Entity Series

Made with FlippingBook Ebook Creator