501
[ESTABLISHING A BUSINESS ENTITY IN UGANDA]
following legislations; i) The
taxed on worldwide income, while non-resident persons are taxed only on income derived from sources in Uganda. renewing registration with the Personal Data Protection Office. Registering and Filing of Tax Returns with the Uganda Revenue Authority
Business
Name
Registration Act Cap 109
ii)
The Uganda Registration Services Bureau Act Cap 210
ii)
iii)
The
Registration
of
Documents Act Cap 81
iv)
The National Social Security Fund Act Cap 222 The Trade licensing Act Cap 101 The Stamps Act Cap 342 as amended The National Social Security Fund Act Cap 222 The Names Registration Rules S.I 109-1 Business
iii)
v)
b) Partnerships ; Partnerships on the other hand are regulated by the following laws; i) The Partnership Act 2010 ii) The Uganda Registration Services Bureau Act Cap 210 iii) The Business Name Registration Act Cap 109 iv) The Registration of Documents Act Cap 81 v) The Trade licensing Act Cap 101 vi) The Stamps Act Cap 342 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 2010. x) The Income TaxAct Cap 340 xi) The National Social Security Fund Act Cap 222 xii) The Value Added Tax Act Cap 345 xiii) The Data protection and Privacy Act 2019 xiv) The Data Protection and Privacy regulations 2021 xv) The Trade Licensing Act Cap 101 Maintenance and reporting requirements ; i) Registering with the tax authorities Uganda Revenue
vi)
vii)
viii)
ix)
The
Business
Names
Registration
(Amendment)
Rules S.I 53 OF 2005 The Contracts Act 2010
x)
xi)
The Anti-Money Laundering Act 2013
xii) xiii)
The Income Tax Cap 340
The National Social Security Fund Act Cap 222 The Value Added Tax Act Cap 345 The Trade Licensing Act Cap 101
xiv)
xv)
Maintenance requirements ; i)
and
reporting
Registering with the tax authorities Uganda Revenue Authority. Under section 4 of the Income Tax Act Cap 340, income tax is generally imposed on all types of persons who derive income, whether an individual, bodies of individuals, or corporate entities. Resident persons are
ILN Corporate Group – Establishing a Business Entity Series
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