Tax and non Tax Incentives

For long, many domestic or indigenous investors have argued that the reason they struggle is because only foreign investors and firms benefit from a slew of incentives from government. That appears to be far from the truth, according to Uganda Investment Authority (UIA) the chief investment promotion agency of the government For starters, UIA defines a domestic investor as “a citizen of the East African Community partner state; a company incorporated under the laws of an East African Community partner state in which the majority of the shares are held by a person who is a citizen of an East…