Overseas Business Risk – Uganda

Uganda is a democratic republic with a multi-party system. President Yoweri Museveni and the National Resistance Movement (NRM) have been in power since 1986. President Museveni was re-elected in the January 2021 elections. While voting itself was conducted in relative calm, significant concerns raised in Uganda and internationally regarding the treatment of opposition candidates and journalists in the run-up to and since the elections, as well as the shut-off of the internet during the elections.

President Museveni has ambitions for Uganda to become a middle-income country by 2040 and in line with this, his government is prioritising investment in agriculture, infrastructure, and Uganda’s nascent oil industry. Read more of this on GOV.UK

Doing Business in Uganda

Prepared by MSI member firms, ‘Doing business guides’ provide an overview of country specific information to assist those contemplating doing business in the various countries worldwide.

Under Ugandan law, a foreign individual or company may operate in Uganda
through an incorporated or unincorporated entity. Our statutes recognise the principles of corporate law that separate the incorporated entity
from its shareholders and directors or members.
Uganda’s laws also provide a framework for the operation of franchises,
subsidiaries, distributorships,Partnerships, joint-ventures, sole proprietorships and cooperatives among others.
This Guide was prepared in April 2019.

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