HOW A COMPANY MAY OPEN A BANK ACCOUNT IN RWANDA
HOW A COMPANY MAY OPEN A BANK ACCOUNT IN RWANDA LAW APPLICABLE The constitution of the Republic of RWANDA THE Law no 17/2018 of 13/04/2018 governing companies. Among others FIA defines commercial bank to mean a company licensed to carry on financial institution business in Rwanda and whose principal business consists mainly in the acceptance […]
HOW TO CONDUCT LEGAL AUDIT OF A COMPANY IN KENYA
HOW TO CONDUCT LEGAL AUDIT OF A COMPANY IN KENYA Law applicable THE CONSTITUTION OF THE REPUBLIC OF KENYA COMPANIES ACT OF 2015 AMONG OTHERS Please note that the laws applicable will depend on the dealings and issues of the company in at hand however those Successful companies in the world over periodically carry out […]
HOW A COMPANY MAY OPEN A BANK ACCOUNT IN KENYA
HOW A COMPANY MAY OPEN A BANK ACCOUNT IN KENYA LAW APPLICABLE The constitution of the Republic of KENYA THE COMPANIES ACT, 2015. Among others commercial bank to mean a company licensed to carry on financial institution business in Kenya and whose principal business consists mainly in the acceptance of call, demand, savings and time […]
HOW ONE MAY MAKE A VALID WILL /TESTAMENT IN UGANDA.
HOW ONE MAY MAKE A VALID WILL /TESTAMENT IN UGANDA. LAW APPLICABLE The constitution of the republic of Uganda succession Act cap 162 THE COMPANIES ACT, 2012. Among others. A will or testament is a legal document by which a person /the testator /the maker expresses his or her wishes as to how their estate […]
HOW A COMPANY MAY OPEN A BANK ACCOUNT IN UGANDA
HOW A COMPANY MAY OPEN A BANK ACCOUNT IN UGANDA LAW APPLICABLE The 1995 constitution of the Republic of Uganda As amended THE COMPANIES ACT, 2012. FINANCIAL INSTITUTIONS ACT(FIA) and the regulations hereunder Among others FIA defines commercial bank to mean a company licensed to carry on financial institution business in Uganda and whose principal […]
PROCEDURE FOR MAKING RESOLUTION BY A COMPANY IN UGANDA.
PROCEDURE FOR MAKING RESOLUTION BY A COMPANY IN UGANDA. LAW APPLICABLE The constitution of the republic of Uganda THE COMPANIES ACT, 2012. Among others A resolution can be defined as the decision taken by a company during its meetings. It is a formal way in which a company through its members makes decisions during company […]
PROCEDURE FOR OBTAINING LETTERS OF ADMINISTRATION IN RESPECT TO THE DECEASED’S ESTATE IN UGANDA.
PROCEDURE FOR OBTAINING LETTERS OF ADMINISTRATION IN RESPECT TO THE DECEASED’S ESTATE IN UGANDA. Laws applicable THE 1995 CONSTITUTION OF THE REPUBLIC OF UGANDA AS AMENDED THE SUCCESSION ACT CAP 162 THE ADMINISTRATOR GENERAL’S ACT CAP 157. REGISTRATION OF TITLES ACT CAP 230 (RTA) MARRIAGE ACT CAP 251 AMONG OTHERS Please note that the laws […]
PROCEDURE FOR OBTAINING CERTIFICATE OF NO OBJECTION FROM ADMINISTRATOR GENERAL FOR PURPOSES OF APPLYING FOR LETTERS OF ADMINISTRATION OF THE DECEASED’S ESTATE IN UGANDA.
PROCEDURE FOR OBTAINING CERTIFICATE OF NO OBJECTION FROM ADMINISTRATOR GENERAL FOR PURPOSES OF APPLYING FOR LETTERS OF ADMINISTRATION OF THE DECEASED’S ESTATE IN UGANDA. Laws applicable THE 1995 CONSTITUTION OF THE REPUBLIC OF UGANDA AS AMENDED THE SUCCESSION ACT CAP 162 THE ADMINISTRATOR GENERAL’S ACT CAP 157. REGISTRATION OF TITLES ACT CAP 230 (RTA) MARRIAGE […]
HOW TO RENEW A LAND LEASE IN UGANDA.
HOW TO RENEW A LAND LEASE IN UGANDA. All land leases expire on the last day of the contractual period. Some leases are renewed automatically while others must be renewed subject to grant upon request depending on the lease terms. You can only renew a lease expired that is when the lease period comes to […]
HOW TO INCREASE SHARE CAPITAL OF COMPANY IN UGANDA.
HOW TO INCREASE SHARE CAPITAL OF COMPANY IN UGANDA. LAW APPLICABLE The constitution of the republic of Uganda THE COMPANIES ACT, 2012. Among others. Section 73 of the companies Act provides for increase of share capital in Uganda. A company may increase its share capital in Uganda as follows: The company secretary should issue out […]
