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Uganda Tax Information

18% VAT

VAT is 18%. TIN required. URA registration mandatory above UGX 150 million turnover.

Financial Advisor Services to Invoice

  • Financial planning
  • Investment advisory
  • Retirement planning
  • Tax planning
  • Estate planning
  • Insurance review
  • Wealth management

Invoice Requirements in Uganda

TIN number
VAT registration
Client TIN
Invoice number
VAT (18%)
Total in UGX

Payment Terms

Fee-only: project-based or AUM percentage. Flat retainer for ongoing planning.

CashNet 14Net 30COD

Payment Methods in Uganda

Bank TransferMTN Mobile MoneyAirtel MoneyStanbic BankDFCU

Financial Advisor Invoice Tips

  • Include advisor registration
  • Reference advisory agreement
  • Note AUM if applicable
  • Document planning deliverables
  • Meet compliance requirements

Frequently Asked Questions

What tax rate applies to financial advisor invoices in Uganda?

Uganda has 18% VAT. VAT is 18%. TIN required. URA registration mandatory above UGX 150 million turnover.

What payment methods are common for financial advisors in Uganda?

Common payment methods in Uganda include: Bank Transfer, MTN Mobile Money, Airtel Money, Stanbic Bank, DFCU. Fee-only: project-based or AUM percentage. Flat retainer for ongoing planning.

What should financial advisor invoices include in Uganda?

Your invoice should include: TIN number, VAT registration, Client TIN, Invoice number. For financial advisor services specifically, also include: Financial planning, Investment advisory, Retirement planning.

How should financial advisors structure fees?

AUM percentage (0.5-1.5%), flat retainer, hourly, or project-based. Disclose fee structure clearly.

What compliance info should be on invoices?

Advisor registration (CFP, RIA), firm info, and fee disclosure language as required.

What is Uganda's VAT rate?

Uganda applies 18% VAT on most goods and services. Basic necessities and exports are zero-rated or exempt.