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.

Foreign Investments
Bank of Uganda withdraws i,ooo shilling note due to its suspectability to forgery (More…)

Local Investment
Kenyan investors want direct air link with Mombasa. Regional Air will be flying to Khartoum starting June 2005

Uganda’s Tea remains the most preferred blend in European markets. Rwenzori Tea Estate owners are bracing for increased exports


Predictable environment

Uganda has been able to achieve macro-economic stability when clouds of uncertainty rocked many regions of the world.

Inflation is a single digit over 10 years from a record of 240% in 1988

Stable annual economic growth averaging 6% per annum

Market driven exchange rates

Fully liberalized Economy

All sectors liberalized for investment and marketing. Free inflow and outflow of capital 100% foreign ownership of investment permitted

Market access

Uganda enjoys a unique location at the heart of Sub-Saharan Africa giving it a commanding base for regional trade and investment. Uganda is a member of the Commonwealth market for eastern and southern African States (COMESA), a region with a market of over 300 million people in 20 countries.

Uganda is a member of the East African Community comprising Kenya, Tanzania, Rwanda and Burundi.

Duty and quota free access into the EU ( EBA ) markets.

Strong natural Resource Base

Rich endowment of rainfall, soils, and favorable temperature range. A number of crops are grown organically.

Unexploited  mineral deposits and tourism opportunities. Confirmed deposits include gold, zinc, wolfram, petroleum, diamond, vermiculite, silica etc.

Government commitment to private sector

Government and private sector dialogue in policy formulation.

Continuous improvement in providing infrastructures and other social services.

Trainable labour

Uganda presently produces over 10.000 University raduates per year. Quality of labour is one of the biggest attraction.

Security of investment

Guaranteed under the Constitution and the Investment code 1991. Uganda is a signatory to main international investment related institutions. Multi lateral Investment Guarantee Agency ( MIGA ) Overseas Private Investment Corporation ( OPIC ) of US Convention of the recognition and enforcement of foreign arbitral award ( CREFAA ), ICSID, TRIMS, GATS and TRIPS.


  1. Investment and Capital Allowances

Initial  Allowance on plant machinery 50-75%
Start up cost spread over 4 years 25% p.a.
Scientific research expenditure 100%
Initial Allowance on Hotel and industrial Building 20%
Mineral exploration expenditure 100%
Training expenditure 1000%
Deductible annual Allowance (depreciable assets)
Depreciation rates of assets range 20%
Depreciation rate for Hotels, Industrial Building and Hospitals 5%

  1. Investors who register as investment traders are entitled to VAT refund on building materials for industrial / commercial building
  2. Duty  and Tax free import of Plant and Machinery
  3. First arrival privileges in the form of duty exemptions for personnal effects and motor vehicle    ( previously owned for at least 12 months ) to all investors and expatriates coming to Uganda
  4. Export Zone ( 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 from double taxation


Investment opportunities abound in the following areas

  • Agriculture
  • Livestock
  • Fisheries
  • Forestry
  • Manufacturing
  • Mining
  • Infrastructures
  • Financial services
  • Tourism
  • Printing and publishing