doing business in uganda

Getting and processing work permits in Uganda

Starting a business or investment or just working in Uganda is a great and exciting experience, however the legalities of doing, setting up business and getting work permits can be difficult to foreigners especially if not informed or with no guide. (Always seek NBK-PREMIER SOLUTIONS LTD for quick and efficient guide – CALL/WHATSAPP – +256 704 597816 ) .All foreign nationals intending to work in Uganda must ensure that they are in possession of the relevant work permit. There are many work permit categories In Uganda ranging from Trade, mining, professionals, missionaries, contractors, etc. The requirements for the different categories / classes of work permits differ. For this article we will stick to business and investment related permits. WHY UGANDA FIRST OF ALL?, Uganda enjoys a unique location at the heart of Sub-Saharan Africa within the East African region and lies astride the equator. The country is bordered by Sudan in the north, Kenya in the east, the United Republic of Tanzania in the south, Rwanda in the southwest and the Democratic Republic of Congo in the west. This land linked position, gives the country a strategic commanding base to be a regional hub for trade and investment. Uganda enjoys

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Things to Consider while Selecting a Business Name

The starting point of every business, company, brand and any legal structure we know is the business name. All the brands that stand out in our minds are names that were created by the founding team. A company name determines some big percentage of what perception it will create in the minds of the people. Choosing a good business name is very important and it’s key to differentiating you from your competition. Where as industries can have varying business name needs but there are some key things that remain key considerations. These key considerations are not an auto button for business to be successful but truthfully a good name makes some difference. Matched better with quality service, a good business name can take you miles. In my work as a Consultant & Entrepreneur, i realize some people choose their business names basing on emotional grounds (their father’s, mother’s, wife’s or child’s name or even their own name, memories, events, milestones, trends, etc). Some other people prefer to choose names that inspire while some other will go with names they want to portray good qualities about the business. Whatever name you choose, and for whatever reason, is totally up to you

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Success Tips for Micro & Small Businesses

A month back, i went to buy green vegetables and fruits at our usual roadside market stall and found myself into business Lugambo (random talk) with the woman seller. Being a Consultant and Entrepreneur , i watch a lot of things every time i come across a business regardless of size. I was surprised of increased prices on vegetables, the bundle has decreased somehow and I was prompted to sit with her down to know the up & downside of such a micro business. It had not come to my mind that in sunny season vegetable prices rise. Mehn! , So insightful. You may think running such a micro trade business is a walk on just but there is much that goes into its success; the logistics, planning, storage, partners, financial management, records, etc. Getting and idea in business is one thing and putting it to work is another. I was touched to find that she have had difficulty in record keeping and money management and together in a few minutes we established a better way to keep her records and track income and expenditure and account for loss and profits each ending day, so as also to have monthly

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