PartnershipUganda
What it takes to form, own and run a general partnership in Uganda, and how its profit is taxed. Each figure links to the page it was read from.
This company type
At a glance
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is liable jointly with the other partners for all debts and obligations of the
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persons, not exceeding twenty in number, who carry on a business in common with a view to
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A partnership shall be liable to furnish a partnership return of income in accordance with section 118 but shall not be liable to pay tax on that income.
Form it
Who registers it
- Registry
- Formed without visiting
- Not stated
The registry’s and the law’s own pages do not mention it.
- Formed online
- Not stated
The registry’s and the law’s own pages do not mention it.
What it takes to form
Not in our records A notary, A resident director, Paying up the capital: none of these is in our records for the Partnership.
Own it
Who may own and run it
- Directors
- Does not apply
- Shareholders
- Does not apply
- Members
- At most 20
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persons, not exceeding twenty in number, who carry on a business in common with a view to
- A local company secretary
- Does not apply
- A local registered agent
- Not required
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Every firm or person required under this Act to be registered shall furnish by sending by post or delivering to the Registrar General at the register office a statement in writing in the prescribed form containing the following particulars
Each year, at the registry
Not in our records Annual registry fee, Accounts on the public record, Audit for a small company, Audit: none of these is in our records for the Partnership.
Important dates
When each obligation falls due, as the authority states it.
Not in our records No dates for the Partnership are in our records.
What is public
Not in our records What the register shows the public is not in our records for the Partnership.
Tax
Tax on profit
How this company type is taxed, which can differ from its place’s headline rate.
Through owners
A partnership files a return but does not pay tax on its income (Income Tax Act s.64(3)); URA's company regime excludes partnerships, and partners are taxed on their shares.
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A partnership shall be liable to furnish a partnership return of income in accordance with section 118 but shall not be liable to pay tax on that income.
- CFC rules in Uganda
- Not in our records
Close it
Closing it
The other end, which most guides leave out.
- Route
- Notice of dissolution of a partnership is filed with URSB (forms list).
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Registration of a notice of dissolution of a partnership
- Statutory fee
- UGX 35,000
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Registration of a notice of dissolution of a partnership
Every business in Uganda
VAT
- Standard rate
- Not in our recordsThe tax authority’s pages have not been read for Uganda.
Payment and banking services
None of the services whose lists we hold names Uganda. Each provider, and what a listing means.
Reference
Its name and code
- Kind
- General partnershipDerived our grouping, the same words in every country
- Name in law
- Partnership
- Identifier
- UG-PARTNERSHIPA form ISO 20275 does not list.