To ensure alignment with the international standards on 11th day of January 2023, Uganda Registration Services Bureau issued a circular requiring all companies and partnerships to file their beneficial owners’ information with the Registrar of companies within 30 days from date of circular; it noted that companies and partnerships would not be allowed to make transactions with URSB and registrations unless they provided beneficial owners’ information.
This brief by Kleeva Associated Advocates is intended to inform our clients and partners on this process and new requirement following a series of queries from our clients.
Click on the document below for further details;
pdf INVESTING IN UGANDA NEW DEVELOPMENTS ON BENEFECIAL OWNERSHIP AND COMPLIANCE (124 KB)