Constitution of the republic of uganda 1995, as amended by act 11 of 2005 and act 21 of 2006 nongovernmental organizations act 2016 the antimoney laundering act 20 the nongovernmental organizations regulations 2017 the companies act 2012 the human rights enforcement act 2019 the trustees act, chapter 164 1954. Official receiver in uganda to act as agent of reciprocating state in insolvency matters. Ppda act the public procurement and disposal of public. Under sections 32, and 97 of the employment act, 2006, act no. Power to require company to abandon misleading name.
Act 1 companies act 2012 uganda law reform commission. Definition of the act for the purposes of these regulations 3. The bureau may, for and in connection with the implementation of its objects and functions under this act. Uganda legal information institute ulii, uganda pdf of act pdf of act doc. Insolvency act, 2011, 2011 uganda legal information. There is no minimum share capital requirement, but you must choose a unique company name that also has ltd. Trademarks act, 2010, 2010 uganda legal information institute. In this act, unless the context otherwise requires actual notice means the notice which a person has personally of a matter or action or document or the rights and interests of another person. Act nongovernmental organisations act 2016 tiie republic of uganda the nongovernmental organisations act, 2016.
An act to amend the finance act 2006 to vary the rate charged on engineering plant and other related vehicles. The act is a belated but welcome attempt to catch up with global trends in the law governing corporate entities. The reprint was prepared by the uganda law reform commission. Uganda registration services bureau act uganda legal.
Mode in which and extent to which objects of company may be altered. Act 17 trademarks act 2010 limitation means any limitation of the exclusive right to the use of a trademark given by the registration of a person as owner of the trademark, including limitation of that right as to mode of use, in relation to goods to be sold or otherwise traded in, in any place in uganda, or in relation to goods to be exported to any market outside uganda. The companies act 2012 and the accountants act 20 specify the corporate accounting, auditing, and financial reporting requirements in uganda. Such dependency is noticeable in ugandas system of company law, a vital part of the legal framework within which business is conducted yet until 2012, was regulated by the companies act 1961 a. The republic of uganda the companies act, 2012 of the laws of uganda company limited by guarantee not having a share capital memorandum and articles of association the institution of surveyors of uganda ltd. Provisions supplementing definitions of parent undertaking and subsidiary undertaking. An act to provide for the incorporation of the trustees of certain bodies and associations of persons. The key reforms contained in the companies act focus on incorporation of the company and consequential matters, company finance, management and administration of the company, protection of minority shareholders, registration of foreign companies, voluntary windingup of the company. Uganda refinery holding company urhc, is a government of uganda owned parastatal company, that is a 100 percent subsidiary of the uganda national oil company, whose purpose is to hold the shareholding in the uganda oil refinery and related infrastructure, that is assigned to the ugandan government. Charges of any foreign company must be registered and will require notarisation of the security document prior to the registration. Adopt table a part ii of companies act 2012 adopt table a part ii of companies act 2012 with modification attach the modification1 we, the several persons whose names and addresses are subscribed, desire to be formed into a company, under this articles of association. The business laws miscellaneous amendments act of 2012 amended the companies act no. Power to dispense with ltd or limited in name of charitable organisation and other companies.
The public procurement and disposal of public assets act 1 of 2003 set up the public procurement and disposal of public assets authority ppda as the principal regulatory body for public procurement and disposal of public assets in uganda. The bureau shall be a body corporate with perpetual succession and a common seal and may sue or be sued in its corporate name. The act is a belated but welcome attempt to catch up with global trends in the law governing corporate. Financial services act 2012 2012 chapter 21 an act to amend the bank of englan d act 1998, the financial services and markets act 2000 and the banking act 2 009. An act to repeal and replace the nongovernmental organisations act cap. A gap analysis of the companies act 2012 dla piper.
Share pledges should be registered in accordance with the provisions of the companies act 2012 the companies act. The public finance management act, 2012 15 the public finance management act, 2012 arrangement of sections sections. This act shall apply to all employment within uganda. The debt referred to in subsection 4 shall be a preferential claim against the company under section 12 to the. The constitution of the republic of uganda was promulgated on. Again, uganda has followed the footsteps of their british counterparts who codified directors duties under sections 170177 of the companies act 2012. Uganda national pipeline company unpc, whose official name is national pipeline company uganda limited npcul, is a ugandan private limited liability company that is a 100 percent subsidiary of the uganda national oil company unoc. To create a more conducive climate for doing business. References in this act to a body corporate or to a corporation shall be construed as not including a corporation sole but as including a company incorporated outside uganda. It is a limited liability company wholly owned by the government of uganda. Of 2012 companies regulations 2012 in exercise of the powers conferred upon me by section 185 of companies act 20111, i, dr leketekete victor ketso minister responsible for trade and industry, cooperatives and marketing make the following regulationscitation and commencement 1. Companies act, 2012, 2012 uganda legal information institute. Legislation online uganda legal information institute ulii, uganda pdf of act doc.
How to set up a subsidiary in uganda global peo vs. As it is well known, the act came into force on march 1, 2006 by gn no. The most significant of the ugandan parliaments functions is to pass laws which will provide good governance in the country. In this act, unless the context otherwise requires apprentice means a person serving under a contract of apprenticeship made in accordance with the employment act 1977 ch 219 page 3. For both jurisdictions, the codification brings clarity to a complex area of law. Generally, the chargee is required to register the pledge with the. The companies act 2012 stipulates that all entities are required to prepare financial statements, which must comply with the fifth schedule of the act. Short title and commencement this act may be cited as the partnerships act, 2012 and shall come into operation on such date as the minister may, by notice in the gazette, appoint. Declaration of entities as national government entities. Very much doubtable and leads us back to the question of legal enforcement. The employment employment of children regulations, 2012. Finance act 2006 amendment act 2012, 2012 uganda legal. An act to consolidate and harmonise the uganda communications act and the electronic media act.
An act to provide for the establishment of a national social security fund and to provide for its membership, the payment of contributions to, and the payment of benefits out of, the fund and for other purposes connected therewith. The insolvency act now governs how receivership, administration, liquidation, arrangements and bankruptcy shall be handled in uganda. Short title this act may be cited as the as the kenya citizenship and immigration act, 2011. Interpretation 1 in this act, unless the context otherwise requires. In terms of section 182 ofthat act, this reprint is to be judicially noticed with effect from 15. An act to regulate employment and for other matters connected therewith.
The republic of uganda the companies act cap 110 company limited by guarantee memorandum of association of african community team support acts 1 the name of the company is african community team support ltd. An analysis of stakeholder perspectives simeon wanyama a thesis submitted to the university of dundee in fulfilment of the requirements for. Taking security in uganda a comparative guide for investors provides an. Printed by uppc, entebbe, by order of the government. An act to amend, replace and reform the law relating to the incorporation, regulation and administration of companies and to make provision for related matters. Adopt table d part ii of companies act 2012 adopt table d part ii of companies act 2012 with modification attach the modification1 we, the several persons whose names are subscribed, desire to be formed into a company, under this memorandum of association, and we respectively agree to take the number of shares in the capital of the company set opposite our respective names.
Companies act, 2012 institute of certified public accountants of. Ulii is a member of the global free access to law movement and of. Kigongo v mosa courts apartment ltd company cause no. Generally, the chargee is required to register the pledge with the companies registry within 42 days of execution of the pledge. Without prejudice to any special rights previously conferred on the holders of any existing shares or class of shares, any share in the company may be issued with.
Formed by registration under the companies act 1985 as amended or one of the preceding companies acts. Ugandas company act of 2012 requires llcs to have a minimum of two directors and one shareholder. This presentation considers selected laws relating to businesses in uganda, including contract law, sale of goods law, partnerships law, employment law, banking law, property law and international contract law. The unicameral parliament of uganda is the countrys legislative body. Section 272 of the companies act 1 of 2012, provides that where a company where a company has passed a resolution for voluntary winding up, the provisions of the insolvency act, 2011 shall apply. Declaration of entities as county government entities. Interpretation 1 in this act, unless the context otherwise requires address, means. Exploration, development and production act and the petroleum refining, conversion, transmission and midstream storage act, both of 20 and incorporated under the companies act, 2012. The companies act, 2012 the act introduces many significant changes in ugandan company law. Naming companies under the 2012 uganda companies act. The uganda national oil company unoc, provided for under.
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