Tax Advisory
Tax compliance and strategic tax planning are crucial to the financial health and success of any individual or business. Our Tax Advisory Services are designed to help businesses navigate Uganda’s complex tax laws while minimizing tax liabilities and ensuring full compliance with the Uganda Revenue Authority (URA). Our team of experienced tax professionals is committed to providing clear, strategic, and practical tax solutions that align with your business objectives. Whether you’re an individual, a startup, or a large corporation, Dern-Can offers expert advice that not only ensures compliance but also optimizes your overall tax position.
Key Tax Advisory Areas
1. Tax Compliance & Filing
Staying compliant with Ugandan tax laws is essential to avoid penalties and maintain a good standing with the Uganda Revenue Authority (URA). We provide comprehensive tax compliance services, including filing returns, ensuring that your business adheres to all deadlines and requirements for Corporate Income Tax (CIT), Value Added Tax (VAT), Pay-As-You-Earn (PAYE), and other local taxes. Our team ensures accuracy and timeliness in every filing.
2. Corporate Tax Planning
Effective corporate tax planning is essential to optimize your business’s tax position. We help businesses develop tax-efficient strategies that reduce overall tax liability while ensuring compliance with Ugandan tax regulations. From structuring your business operations to managing profits and losses, we assist in implementing strategies that minimize tax exposure and maximize financial efficiency.
For multinational companies or businesses with cross-border transactions, transfer pricing compliance is crucial. Dern-Can offers expert transfer pricing services, ensuring that your intercompany transactions comply with Ugandan laws and international standards. We assist in preparing transfer pricing documentation, pricing strategies, and defending your transfer pricing practices during audits.
4. Tax Dispute Resolution
If your business faces tax disputes with the Uganda Revenue Authority (URA), our team is here to assist in resolving these issues. We provide expert guidance and representation in tax audits, investigations, and appeals, working to resolve disputes efficiently while safeguarding your interests. Our aim is to negotiate favorable outcomes and minimize your tax liabilities.
5. VAT Advisory & Compliance
Value Added Tax (VAT) is a significant aspect of doing business in Uganda. We offer advice on VAT registration, compliance, and strategy to ensure that your business is in line with the VAT Act. Whether you need assistance with VAT exemptions, refunds, or determining your VAT obligations, Dern-Can provides clear solutions that reduce risk and optimize your VAT position.
6. Personal Tax Advisory
We offer tailored personal tax advisory services to individuals, ensuring that they comply with personal income tax laws in Uganda. From tax planning and optimization to preparing tax returns, our experts help individuals navigate the complexities of tax filings, including PAYE, rental income tax, and other personal tax liabilities.
7. Tax-efficient Structuring
Whether you’re a local business owner or a foreign investor in Uganda, structuring your investments in a tax-efficient manner is key to maximizing returns and minimizing risks. Our team assists in designing tax-efficient structures for both local and international investments, helping you navigate Uganda’s tax landscape with confidence.
8. Tax Incentives & Exemptions
Uganda offers various tax incentives and exemptions to encourage investment in specific sectors, such as agriculture, manufacturing, and infrastructure. We help businesses identify and access available tax incentives, ensuring that your company takes full advantage of tax reliefs and credits to optimize its tax burden.
9. Capital Gains Tax Advisory
For businesses involved in the sale of assets or investments, understanding Capital Gains Tax (CGT) is vital. Dern-Can provides strategic advice on how to manage and minimize CGT liabilities when selling business assets or shares. Our tax consultants help structure transactions to achieve the most tax-efficient outcomes.
Strategic tax planning!
Our tax advisors provide strategic tax planning and compliance services to minimize your tax liability while ensuring adherence to Ugandan tax laws. We help you navigate through complex tax regulations, optimize tax strategies, and reduce risks of non-compliance.
