NEWS– French investors have been tipped on tax incentives and encouraged to invest in Uganda.
The call was earlier this week made by Abel Kagumire, the URA Commissioner for Executive Operations who represented the URA Commissioner General at the Uganda-France Economic Forum in Paris.
The panelists in the forum discussed tax and investment incentives for investors.
Kagumire shared valuable insights on Uganda’s tax structure and strategic sectors that enjoy tax exemptions which included the agricultural sector, aviation industry and manufacturers of electric vehicles, among others.
The forum is organized by Uganda’s ambassador to France, Portugal, and Spain, Her Excellency Doreen Ruth Amule.
According to the Ministry of Foreign Affairs, this forum is a strategic initiative to enhance economic trade and tourism partnerships between Uganda and France.
It aims to leverage Uganda’s strengths across multiple sectors by attracting French investors, business leaders, and government officials interested in exploring opportunities in trade, tourism, and investment.
The forum has been attended by several dignitaries, including PSST Ramathan Ggoobi and Robert Mukiza, the Director General of the Uganda Investment Authority, among others.