Professional Documents
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About Uganda
Uganda is one of the most beautiful countries in Africa,
with: fantastic natural scenery Half of the world's remaining mountain gorilla population the source of the mighty Nile the beautiful lake Victoria and above all, a rich cultural diversity among others.
The country has a strong tourism potentials as it is a
member of the African Union, the Commonwealth of Nations, Organization of the Islamic Conference and East African Community.
1400
1200 1000 800 600 400 200 0 2005 2006 Year Arrivals 2007 662 770 755 578 883 879
1163 1143
1110 1084
2008
2009
Departure
Exiting game safaris Gorillas, chimpanzee and other primate viewing Water sports (boat cruises, angling and kayaking) Bird watching Forest walks Mountaineering Scenic landscape viewing Walking safaris and picnicking Agro tourism Community and heritage tourism White water rafting etc.
equipment.
7% Import duty on specialized tourist vehicles. VAT Deferral facility for plant, machinery and specialized
tourist vehicles
Guaranteed repatriation of profits and dividends. Up to 100% foreign ownership of investments allowed,
Start up costs allowance spread over the first 4 years at 25% p.a. 100% allowance on scientific research expenditure and training expenditure also deductible once from the companys income. There is deductible annual allowance on depreciable assets, which are specified in 4 classes (sixth schedule) under declining balance method.
Class I: Computers and data handling equipment 40% Class 2: Plant and machinery, vehicles 30% Class 3: Furniture, fixture 20% Class 4: Industrial buildings, hotels and hospitals 5%.
A nominal corporate tax of 30%, which is among the lowest in Africa and the world, and
more details, Contact Mr. Chris Seek( chris.seek@solimarinternational.com) who is the president of Solimar International . He is here with us.
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