Once you’ve registered your company, you can easily complete your VAT registration online through our seamless process. Our comprehensive VAT registration service streamlines the entire process for your Uganda-based company, handling all paperwork and forms on your behalf. Here’s what you can expect:
VAT Registration Service Inclusions: Upon payment for our VAT registration service, our team at The Companies Bureau will:
- Gather all necessary information for your company’s VAT registration.
- Complete and submit all required forms and paperwork to the appropriate Ugandan authorities.
- Ensure adherence to all necessary procedures to obtain your unique VAT registration number promptly.
Advantages of Voluntary VAT Registration:
- Enhanced trust among suppliers and customers, boosting credibility for your company.
- Portrays an image of a well-established business, particularly beneficial for new ventures.
- Ability to reclaim VAT on purchases made for your business.
- Authorization to charge VAT on products or services, potentially increasing revenue streams.
Understanding VAT: Value Added Tax (VAT) is a tax imposed on the sale of goods and services. Customers pay VAT when purchasing goods and services within Uganda, including your company’s offerings.
Voluntary VAT Registration: While VAT registration isn’t mandatory for companies in Uganda unless their turnover exceeds 150 million shillings annually, some businesses opt for voluntary registration to benefit from its advantages, such as enhanced credibility.
VAT Flat-Rate Scheme: The VAT flat-rate scheme allows businesses to keep a percentage of the VAT charged but forfeits the ability to reclaim VAT on purchases. This simplifies VAT returns for smaller businesses. Seek advice to determine if this scheme is suitable for your company.
Registration Process: You can utilize our VAT registration online service or apply directly with Ugandan authorities. At The Companies Bureau, we handle the entire process for you, including liaising with the relevant authorities.
VAT Returns Due Dates: VAT returns are typically due every quarter, but annual submissions are possible if preferred. VAT payments, however, remain quarterly.
Trust The Companies Bureau to handle your company’s VAT registration seamlessly, allowing you to focus on growing your business without worrying about administrative tasks.
What’s Included
Navigating the VAT registration process through the Uganda Revenue Authority (URA) website can be a daunting task. Let us alleviate the burden for you by managing the entire process, ensuring full compliance with Ugandan tax laws.
Document Preparation and Submission: Our expert team will meticulously prepare all necessary forms and paperwork required for your VAT registration. We will then submit your application to the Uganda Revenue Authority on your behalf, ensuring accuracy and efficiency throughout the process.
Efficient Online Service: Take advantage of our streamlined online service, designed to expedite the VAT registration process for your Uganda-based business. You can expect to receive your VAT registration number promptly, usually within 14 days of application submission.
Compliance with Ugandan Laws: Rest assured that your VAT registration will meet all regulatory requirements set forth by the Uganda Revenue Authority. We prioritize compliance with Ugandan tax laws to ensure that your business is properly registered and positioned for success in the local market.
Let The Companies Bureau handle your VAT registration needs, allowing you to focus on running and growing your business without the hassle of administrative tasks.