There are several business ventures in Uganda, the Companies Act, 2012 provides for the following; single member companies, private companies limited by shares or guarantee, public limited companies, unlimited companies, statutory corporations, foreign companies and partnerships. I will briefly discuss and provide requirements/procedure for registration of some of these types of companies. Single member companies […]
It is not uncommon to be stopped by a stranger for a short TikTok interview in the city today. On a serene day as you move about the streets of Kampala your eyes will be met with a set youth recording how they are going about their day and a similar video might pop up […]
Registration with the Personal Data Protection Office (PDPO) is mandatory for any and all persons, institutions, and public bodies collecting and processing personal data in Uganda. This is for purposes of protecting and observing the privacy of a person and of personal data. This obligation was introduced in the Data Protection and Privacy Act 2019 […]
By Rachael Aspery, McGlinchey Stafford, PLLC On December 21, 2023, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (“FinCEN”) announced and issued a final rule (“Access Rule”) under 31 C.F.R. Part 1010 that establishes the framework for access to and protection of beneficial ownership information (“BOI”) that will be reported to FinCEN pursuant to the Corporate Transparency Act […]
The 2022 Annual Crime Report indicates that a total of 286 cases of cybercrimes were reported to police. Cybercrimes led to a loss of UGX 19,209,798,000. The country’s banking sector has registered a series of fraud cases over the past year which has reduced public trust in the sector. Earlier this year, Equity Bank officials […]
Synopsis In this case, the High Court awarded USD.18,000,000 based on trade secrets protection and proprietary rights, unfair business practices, and unfair termination of a distributorship arrangement. Legal principles covered: Brief facts The Plaintiff, and the 2nd Defendant are companies incorporated, and carrying on business in Uganda. The 1st Defendant is a manufacturing company incorporated […]
