Uganda: Govt Offers Three-Year Tax Holiday to Startups in Shs 72.4 Trillion National Budget

Uganda: Govt Offers Three-Year Tax Holiday to Startups in Shs 72.4 Trillion National Budget

The government has introduced a three-year income tax holiday for new, Ugandan-owned startup businesses, effective July 1, 2025.

Startups Set to Benefit as Uganda Tables Tax Holiday in Parliament

The Ugandan government is introducing a three-year income tax holiday for new, locally owned startups in a bid to spur innovation and business formalization. Announced as part of the 2025/26 national budget by Finance Minister Matia Kasaija, the tax break will apply to Ugandan-founded businesses registered after July 1, 2025.The incentive is a central feature of Uganda’s 72.4 trillion shillings ($19.4 billion) budget, which seeks to increase dom…