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DATA UPDATE EXERCISE FOR ENTITIES REGISTERED WITH THE UGANDA REGISTRATION SERVICES BUREAU

he Uganda Registration Services Bureau (URSB) issued a public notice on the 15th of May 2023 calling
upon all entities registered with it to update their data.
In December 2022, URSB launched of an Online Business Registration System (OBRS). The OBRS is a
fully-fledged electronic system that facilitates seamless registration of companies, business names,
legal documents, insolvency and other related services.

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FILING ANNUAL RETURNS WITH UGANDA REGISTRATION SERVICE BUREAU

All companies registered with the Uganda Registration Services Bureau (URSB) are required to pre- pare and file Annual returns with URSB in accordance with Sections 132 and 133 of the Companies Act, 2012. Annual Returns show the changes that have been made in the company during the previ- ous year, such as shareholding, membership, directorship and the company’s registered office, sec- retary, among others.

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FILING THE FIA COMPLIANCE REPORT

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

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