Special-Report_Doing-Business-in-Uganda-East-Africa-and-Beyond_East-African-Business-Week_Trade-Report Mar. 2015 | Page 3

SPECIAL REPORT
East African Business Week I February 23 - March 1, 2015

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Doing business in Uganda and beyond

The Ministry encourages
Ugandans to showcase
their products

The three Northern Corridor country Presidents, Uhuru Kenyatta, Paul Kagame and
Yoweri Museveni have launched several projects intended to ease trade across the
borders and cut costs of business people.

Hon. Kyambadde launching the NTB reporting
system developed to reduce Non Tariff barriers
to trade flows in July 2014.

Investment Environment In Uganda
STATUS OF INVESTMENT
Currently, Uganda is the second best location in the East African Community (EAC)
to locate investment. Tanzania’s leading
position is by virtue of the numerous mineral resources. Uganda has also recently
become an important source of FDI to other
countries especially Southern Sudan and
Rwanda. In 2013, FDI outward flows from
Uganda grew to $1 million.
The levels however, were lower than the $
4 million peak levels registered in 2010. FDI
outward stocks from Uganda grew upward to
$2 million in 2013.
FDI flows to Uganda have grown progressively since the 1990s from negative trends
to over $1 billion.

CREATING CONDUCIVE BUSINESS
OPERATING CLIMATE THROUGH
ONE STOP CENTRE SERVICES
FOR INVESTORS
Uganda Investment Authority (UIA) has been
transformed into a One Stop Centre offering
free services where investors can register
their businesses and get all relevant licenses
related to their business under one roof.

Currently, the core agencies include:
Uganda Registration Services Bureau
(URSB) - company registration
2. Uganda Revenue Authority (URA) - taxation issues
3. National Environment Management
Authority - environmental compliance
4. Directorate of Citizenship and Immigration Control - work permits, visas,
etc
5. Lands Ministry - land ownership verification
6. Uganda Investment Authority – Investment licenses and aftercare
UIA and URSB have entered a Memorandum of Understanding to build a physical
One Stop Centre for investor facilitation in
Kololo, Kampala.

FDI Flows to the EAC in millions of Dollars, 2006 – 2013

1.

Government has also budgeted for the development of an integrated on line system
(electronic one stop centre) that will link all
the government agencies that deal with licensing business in Uganda so that a potential investor does not need to waste ti