Insights

On 30th March 2023, amendment bills to the Income Tax Act, Value Added Tax Act, Tax Procedures Code Act, and Excise Duty Act were gazetted. This is the first step before the bills are presented for debate in parliament, passed and signed into law.

International beneficial ownership standards from the
Financial Action Task Force (FATF) and the Eastern and
Southern Africa Anti-Money Laundering Group (ES-
AAMLG) have fed into national efforts to strengthen
beneficial ownership transparency.

Anti -Money laundering is governed by the Anti-money laundering Act of 2013 as amended together with its regulations. The act lays down strategies that must

In order for an NGO to legally operate in Uganda, it needs a valid permit of operation, obtained from the National Bureau of Non-Governmental Organizations.

An annual return is a yearly snapshot of an NGO’s activities to the NGO Bureau. The law requires that all Non-Governmental Organizations submit an annual return to the NGO Bureau

The Local Service Tax was introduced by the Local
Governments (Amendment) (No.2) ACT, of 2008
which allowed local governments to levy, collect
and charge additional taxes in order to provide new
sources of revenue for local governments, and for
related purposes.