Uganda
Corporate Guide

Are there any annual compliance requirements that a company must meet in Uganda?

Yes. 

The Act requires all companies incorporated or registered in Uganda, having or not having a share capital to file an annual return once every year within 42 days after the annual general meeting for the year with the Registrar. 

Foreign companies are required in every calendar year to file a balance sheet and profit and loss account, and if the company is a holding company, the group accounts, in the required form and containing the particulars and documents as if it is a local company within the meaning of the Act with the Registrar. 

A foreign company is also required to apply for the renewal of the certificate of registration and clearance for non-citizens to trade in Uganda. This application is done within 12 months from the date of issuance. 

There is a requirement to apply for renewal of the trade licence from the local municipality authority with the mandate of issuing the said licences. Renewal is done within 12 months from the date of issuance.

The company is also required to file its annual tax returns which requirement should be fulfilled by the chosen financial year. Being by 30 June (also the Government’s financial year) or by 30 September.