Rashid Ssozi will not see you. Shareholder information is on the shareholder page on the website. The share price depends on the market forces and thus can never be constant. A company is defined as a legal entity formed by a group of individuals to engage in and operate a business with a view of making profits. It was listed on the Uganda Securities Exchange in November 2004. Account opening Buy-Import-Export Premium Grade UGANDA VANILLA BEANS                           Buy-Import-Export Un-Refined Raw SHEA BUTTER, by Mauritio Giancarlo You can reserve and register your company on the same day. If it is not possible to physically visit the Company, you can send your shareholder communication by Email. 51,000,000 ordinary shares were issued of a value of 19.66 per share … The Company also offers commercial printing services under the brand “Vision Printing” and has an SMS platform “Vision Mobile” for bulk SMS, SMS polls and other customized offerings. feel free to ask our business travel consultants. CDS stands for the Central Depository System. Shareholder issues are handled by the Legal Department. You will need to grant the person the rights to receive your dividends, to change your details or to deal with your shares as they so wish. If a company does not achieve, shareholders start to sell and look for other shares. The minimum share cap is 0, This means you don't have any minimum share … You need a company bank account. (1) A private company limited by shares or a company limited by guarantee and having share capital shall deliver to the registrar for registration within sixty days … On 5th July, Vision Group supported Captain Rukia Mulumba Sickle conference with 2 talk shows on Buuza Omusawo and …. So, please get one. for a shareholder who is out of the country, if there is a power of attorney. Your lawyer then obtains Company Form 18 and the Company Director fills in and sign. You will need to carry along your share certificate, ID and the dependant’s personal details. Court remands Equal Opportunities boss to Kigo prison, Kadaga tasks Finance over Shs289b Gender Ministry projects funding. This is the most preferred company type in Uganda. To change addresses and signatures of shareholders upon request and verification. Registering a company is a one day process unlike in the past where the process used to take weeks and months. Visit Uganda Revenue Authority (URA) and acquire a Tax Identification Number. If searched and approved, you make payment of 20,000/= in the bank being name reservation fees. On top of availing your lawyer with details he/she requested you when you first consulted him/her, you must avail him/her with a photocopy of the national IDs and one passport for the subscribers. The law does not allow lawyers to over-charge or under charge a client. When Deloitte (U) Ltd confirms that the certificate and your signature are genuine, they will retain the original certificate and send back the duplicate copy of your form to USE for immobilization. The Company website is at www.visiongroup.co.ug. Pay dividend to shareholders whose names are on the register at book closure. Vision Group partnered with United against Malaria in a photo exhibition held at the Parliament of Uganda lobby on the …. There are some fees you will pay, which vary from one bank to another. by Mauritio Giancarlo (Milan Italy) Question: Is it required by law that i allocate part of my company shares to a local citizen working for me as a manager to be able to get a trade liscence or work permit. Through EFT, the money is sent to the shareholder’s bank account. It is advisable you propose to your lawyer more than one name. Registering a company is a simple process if you land in right hands. You can also contact the team on 0414 337000 or shareholder@newvision.co.ug. However, it is advisable that you proceed with the following steps. (Milan Italy), Question:Is it required by law that i allocate part of my company shares to a local citizen working for me as a manager to be able to get a trade liscence or work permit. This form is very important. Upon successful registration, you are issued with the following original documents:- The existing share certificate is then immobilized. There are clients who cannot deal with your company unless you have a bank account, especially in terms of payment. The name is reserved for 30 days within which you should register your company. In most cases, some clients begin operating immediately. To register a private company limited by shares, the following are the processes and requirements:-. About choosing company name(s) All questions with regard to dividends should be addressed to Plot 19/21, First Street Industrial Area. (Please see the list of brokers in the table below). The mandate form is then forwarded to the share registrars who enter the changes in the database to enable payment of dividends through your bank. If they conform to the legal requirements, your documents are stamped and the company registered. Cell phone: +256772748146, Lycamobile, a United Kingdom-based virtual network operator (MVNO) is laying the groundwork ahead of its…, The number of refugees fleeing danger in East Africa and the Horn regions is likely…, Uganda has moved up by a place in the latest Coca Cola/FIFA World rankings released…. Acquiring a box number Interim dividends are based either on quarter or half year results whereas final dividends are paid at the end of ever financial year. There are different types of companies. Terms Of Use & Privacy Policy. Documents issued upon registration. Certification is very important. Please notify Deloitte (U) Ltd in writing or contact the Company’s Legal department at Plot 19/21, 1st Street Industrial Area P.O Box 9815 Kampala. Companies are generally organized to earn a profit from business activities, though some may be structured as nonprofit charities. You can have a company which is 100% foreign and you would still qualify for an investment licence, a trade licence and a work permit. Company registration … Email: oboniface555@gmail.com Right to first refusal to buy additionally issued shares, Right to participate in the distribution of the Company’s profits incase of liquidation. If not in conformity, the documents are rejected and no registration takes place unless you make changes as directed by URSB office. You can claim your unpaid dividends by contacting the Company’s Legal Department located at the Head Office at Plot 19/21, First Street Industrial Area. A trading license can be obtained from the sub-county, division, municipal council or city council offices where your business is located. Standard Chartered PLC registers losses in third quarter of the year... Name reservation fee, twenty thousand (20.000shs) as stated earlier. It will help you a lot in future especially for purposes of filing returns. Alternatively, you can call on 0414337835. This year new Vision newspaper published a story of a 21 year old girl Eunice Atim who is disabled and has to ride on a …. Secondly, in future, you will forever need your originals, so it is better to have as certified copies for other usages. It is not possible to claim another person’s dividends however in with certain conditions we could allow someone to collect on behalf of someone else e.g. Open a CDS account at the office of a stockbroker or CDA of your choice; b. Within 14 days from the date your company is registered, the law requires that you get a box number and physical address then notify the Registrar of Companies in writing.