Uganda's top business registration boss just praised the country's smoother-than-ever entrepreneurial landscape. Francis Butagira, who chairs the Uganda Registration Services Board, believes his nation has become a business-friendly powerhouse that makes starting companies crazy easy.
Speaking at a Business and Innovation Forum packed with commercial attachés, ministers, and government big shots, Butagira declared Uganda as the absolute best spot for launching a business. The country has totally transformed its registration game by moving almost everything online and slashing processing times to lightning speed.
Company registration used to take days but now takes just three hours. Want to register a business name? Boom! You're done in about an hour. The real game-changer is Uganda's genius one-stop center concept, where entrepreneurs can handle everything from city council permits to tax registration and banking services without running around town.
Butagira wasn't shy about bragging about the financial wins either. The URSB has rocketed its revenue collection from a measly 300 million Ugandan shillings back in 2011 to a whopping 80 billion today. Plus, they've cooked up a progressive approach to struggling companies, focusing on rescue missions instead of just shutting them down. As he colorfully put it, they can help companies bounce back instead of sending them to the business graveyard.
Speaking at a Business and Innovation Forum packed with commercial attachés, ministers, and government big shots, Butagira declared Uganda as the absolute best spot for launching a business. The country has totally transformed its registration game by moving almost everything online and slashing processing times to lightning speed.
Company registration used to take days but now takes just three hours. Want to register a business name? Boom! You're done in about an hour. The real game-changer is Uganda's genius one-stop center concept, where entrepreneurs can handle everything from city council permits to tax registration and banking services without running around town.
Butagira wasn't shy about bragging about the financial wins either. The URSB has rocketed its revenue collection from a measly 300 million Ugandan shillings back in 2011 to a whopping 80 billion today. Plus, they've cooked up a progressive approach to struggling companies, focusing on rescue missions instead of just shutting them down. As he colorfully put it, they can help companies bounce back instead of sending them to the business graveyard.
