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Location
Kampla, Uganda
info@johnteira.com
Phone
+256 782 240 3390
Mergers and acquisitions in Uganda are regulated by the Companies Act and the Uganda Investment Authority (UIA), as well as oversight from the Uganda Securities Exchange (USE) if the entities are publicly listed. Certain industries may also have specific regulatory requirements.
Companies in Uganda are typically obligated to pay corporate income tax, VAT, withholding tax, and, in some cases, import and excise duties. Compliance includes regular filing of returns and payments to the URA.
Compliance risk is the risk of facing legal or regulatory sanctions, financial losses, or reputational damage due to failure to comply with laws and regulations. Managing this risk is crucial for business sustainability and trustworthiness in Uganda.
Constituents have the right to communicate with their MPs through constituency offices, attend public forums, and submit petitions on issues affecting their community. MPs are expected to represent and address constituents’ concerns in Parliament.
The Parliament works alongside the Executive and Judiciary. It enacts laws, oversees the Executive’s activities, approves budgets, and confirms appointments to ensure checks and balances within the government.
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