PROPERTY DEVELOPERS

WHO IS A PROPERTY DEVELOPER?

This is a person who buys, builds or renovates existing properties and sells them for;

  • home or non-professional purposes such as single-family homes, apartments, condominiums, planned unit developments, and more.
  • business purposes such as shopping malls, retail, office spaces, hotels, or other spaces used for business purposes.
  • manufacturing and production/ Industrial purposes, such as factories, plants, and warehouses.

 A person may take the form of: an individual, a company, a trust, a partnership.

How do I register my business as a property developer?

All property developers in Uganda are required to be registered with;

  • Uganda Registration Services Bureau (URSB) for Company registration
  • Uganda Revenue Authority (URA) for taxes
  • Local council authority e.g. KCCA, municipal council, for a trading license

 

Please note:

Upon registration, property developers are required to comply with the requirements of statutory bodies like;

  • Uganda Investment Authority (UIA)
  • Ministry of lands, housing and urban development.
  • National Environment Management Authority (NEMA)

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