Overview
Uganda offers an exceptional opportunity for your business in the heart of Africa. Located almost in the center of the widespread African Market, Uganda is already the preferred home of several leading Global Corporations and International Organizations. Uganda is one of the fastest growing economies (+6%) and one of the most liberal countries for foreign investment in Africa. A place where opportunities for business are plenty, it is an ideal place to set up a bridgehead to access Africa. Uganda Investment Authority provides pro-active assistance in all aspects for investing in Uganda. Uganda entrusts to you the decision to chose which industry to invest in. Because the country's economy is still young, the potential and the choice of investment opportunities is much wider for the prospective investor than would be the case in more developed economies. Uganda's existing comparative advantage is heavily concentrated in agriculture, forestry and mineral resources and their primary processing. The identified potential investment opportunities are based on the availability of domestic natural resources and intermediaries, the existence of surplus domestic labour, the good market prospects, the "high value low transport costs" to export markets as well as the relative competitive advantage of Uganda vis a vis her main trading partners in the region.
These are the reasons to consider Uganda;
1. Predictable Environment: Uganda has been able to achieve macro-economic stability when clouds of uncertainty rocked many regions of the world.
2. Fully Liberalized Economy:
3. Market Access:
4. Strong Natural Resource Base
5. Government Commitment to Private Sector
6. Trainable Labour
7. Security of Investment
8. Investment Incentives
a. Investment Capital Allowances
b. Investors who register as investment traders are entitled to VAT refund on building materials for industrial/commercial buildings
c. Duty and Tax free import of Plant & Machinery
d. First Arrival Privileges in the form of duty exemptions for personal effects and motor vehicle (previously owned for at least 12 months) to all investors and expatriates coming to Uganda
e. Export Zones (Provisional)
* A ten year corporation tax holiday
* Duty exemption on raw materials, plant and machinery and other inputs
* Stamp duty exemption
* Duty draw back to apply on input of goods from domestic tariff area
* No export tax
* Exemption of with holding tax on interest on external loans
* Dividends repatriated to get relief from double taxation
9. Where should you invest?
Investment opportunities are abound in the following areas
For more information regarding investing in Uganda go to: