Uganda Revenue Authority Commissioner General John Rujoki Musinguzi has given the German Businesses trade and tourism delegation visiting Uganda reasons why Uganda should be their preferred investment destination.
“Uganda has attracted the highest foreign direct investments in the East African Region. This is not by mistake the government of Uganda has put in place certain incentives that make these possible,” he said
Musinguzi listed attractive incentives ranging from Zero import duty on raw materials to 10-year tax Holiday on finished products for exports that investors can take advantage of.
Theme “Transforming Uganda through sustainable Business partnerships and Technology transfer.
The Commissioner General was speaking during a presentation by Government institutions to the german delegation in Kampala yesterday.
I&M Select Banking Sapphire Club wins “Best Innovation of the Year” at UMEAS 2025He highlighted the conducive incentives that the government of Uganda has put in place to attract foreign direct investment especially the valued investment and technology from the Republic of Germany
There are a number of incentives that the government of Uganda has put in place and these are captured in the laws of the land and I came with a copy of this book “A guide to tax incentives and inventions available to the investors in Uganda”
The 4 major laws that contain the incentives are the Income Tax Act, Value Added Tax Act, the Stamp Duty and Excise Duty Act and the incentives under International trade
