Uganda Unveils Tax Breaks to Boost Startups and Industry Growth

  • New locally-owned startups receive a three-year income tax holiday starting July 2025
  • Stamp duty on mortgages and agreements waived to improve credit access
  • Capital gains tax scrapped for asset transfers into owned companies
  • Revised compliance penalties aim to streamline digital invoicing
  • Lower import duties on textiles and reduced beer taxes support local industries