How To Register A Small Scale Business In Uganda
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Before Small Scale Loans The Illiteracy Level Of Tanzania And Uganda Was Very High As Majority Of People Could Not Afford Scho Mobile Banking School Fees Loan
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Now You Were Able To Register For The Loan Almost Instantly By Logging Onto The L Pesa Website And Inputting A Banking Services Mobile Banking Mobile Solutions
I have a friend who intends to begin a money lending business on a small scale.
How to register a small scale business in uganda. I want to start a money lending business in my small town in uganda. You will need a table chair and an umbrella and mainly you will need a mobile money agent line which you can acquire at around ugx 100 000 ugx 200 000 for airtel money agent line and ugx 300 000 ugx 1 000 000 for mtn mobile money agent. If you are a ugandan planning to start a business in uganda below are the 10 small scale business opportunities. Registering a business name. Conduct a search using the business registration form and establish if the name you register is available for use.
The oil and gas business is one of the most lucrative business in uganda. Also it requires less than 2m two million uganda shillings to get started. Mtn agent lines also can be got between 300 000 to 1 000 000. Duration 2 days and cost ugx 25 000 to reserve a company name the investor files a company name request at the office of the registrar. You will receive a certificate of registration of a business name.
If you are looking forward to exploring the best small scale but profitable business investment or opportunity this article is one you shouldn t miss out on. With little capital you can venture into small scale businesses that manufacture products that are in high demand. 10 business ideas and opportunities in uganda. For example between one hundred thousand uganda shillings and three hundred thousand shillings you can get an airtel mobile money agent line. Pay the registration fees.
In uganda a micro enterprise is an enterprise employing up to four people with an annual sales revenue turnover or total assets not exceeding uganda shillings 10 million. The mobile money business in uganda is lucrative and flexible you can place it everywhere let be in front of any big or small shop or shopping mall building. On the other hand small enterprises employ between 5 and 49 and have total assets between ugx 10 million but not exceeding 100 million. He helped me to register my business with the city he also helped me to get a license to be a lender in my city.
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