The Ministry of Finance, Planning, and Economic Development has announced a significant conference on tax incentives, policies, and administration for Ugandan investors, scheduled for September 4, 2024, at Hotel Africana in Kampala. This event is a key part of the government’s ongoing efforts to stimulate investment and drive economic growth across the country.
The conference will gather a wide range of stakeholders, including policymakers, investors, and members of the business community, to engage in discussions on the current tax framework and its impact on Uganda’s economic development. The event will feature a comprehensive review of the nation’s existing tax policies, emphasizing their role in shaping the economic landscape.
A major focus of the conference will be the exploration of tax incentives available to Ugandan investors, particularly in critical sectors such as manufacturing, agriculture, tourism, and information and communication technology (ICT). Participants will also delve into the importance of efficient tax administration, examining how it can contribute to creating a favorable business environment that enhances Uganda’s attractiveness as an investment destination.
Additionally, the conference will address the opportunities and challenges presented by the digital conformity mark, a key aspect of Uganda’s evolving tax landscape. Discussions will also cover mechanisms for resolving tax disputes, with an emphasis on ensuring transparency and fairness within the tax system.
Hon. Evelyn Anite, the Minister of State for Finance, Planning, and Economic Development (Privatization and Investment), underscored the significance of the conference, stating that it is crucial for aligning Uganda’s tax policies with the country’s broader economic goals. She expressed confidence that the event will provide a platform for meaningful dialogue on optimizing Uganda’s tax system to benefit both investors and the broader economy.
The Ministry of Finance is optimistic that the conference will yield actionable insights and strategies that will enhance Uganda’s investment climate, encouraging greater participation of Ugandans in domestic investment. The event is highly anticipated by the business community and is expected to play a pivotal role in shaping the future of tax policy and investment in Uganda.
