How to Apply for a Gold Trading License or Permit in Uganda

To legally engage in gold trading in Uganda, obtaining a Gold Trading License or Permit is a must. The process is straightforward but requires attention to detail. Follow these steps to ensure a smooth application process:

Step-by-Step Procedure

1. Visit the Uganda Registration Services Bureau (URSB)
   • Begin by visiting the official Uganda Registration Services Bureau. The application form will be provided to you by the concerned officer at the office.
2. Fill Out the Application Form
   • Complete the application form carefully with accurate details. Note that incomplete forms will not be accepted.
3. Prepare Required Documents
   • Ensure you have all the necessary documents listed in the “Required Documents” section and attach photocopies with the application form. The required documents include:
     • Application form
     • ID proof (Birth Certificate, National Identity Card, etc.)
     • Address proof (Driving license, passbook, utility bill, etc.)
     • Fee receipt
     • Tax Identification Number (TIN)
     • Financial statement
     • Business plan
     • Any other documents (if required)
4. Submit the Application
   • Submit the completed form along with the required documents to the concerned officer. Pay the prescribed fee as requested by the authority.
5. Acknowledgment Receipt
   • After submission, you will receive an acknowledgment receipt. Keep it for future reference.
6. Processing and Notification
   • Once the application is reviewed and accepted, you will be contacted by the office regarding the status of your application. The process usually takes around 2–3 weeks.
7. Collect Your Gold Trading License
   • After the application is processed, visit the office to collect your Gold Trading License or Permit.

Required Documents

• Application form
• ID proof (e.g., Birth Certificate, National ID card)
• Address proof (e.g., Driving License, Utility Bill)
• Fee receipt
• Tax Identification Number (TIN)
• Financial statement
• Business plan
• Other documents as requested

Eligibility

• Any business person or individual who wishes to trade in gold in Uganda is eligible to apply for the Gold Trading License or Permit.

Fees

• The applicant must pay the prescribed fee as requested by the authority.

Validity

• The Gold Trading License is valid for one year.

Office Locations & Contacts

• Uganda Registration Services Bureau
  Uganda Business Facilitation Centre, Plot 1 Baskerville Avenue, Kololo
  Phone: 0417 338 180
  WhatsApp: 0712 448 448
  Call Center: +256 417 338 100

Processing Time

• The application process usually takes 2 to 3 weeks, or as per the timeline advised by the respective department.

Purpose of the Gold Trading License

• A Gold Trading License or Permit is issued by the Uganda Registration Services Bureau to regulate the gold trading industry, prevent illegal activities such as smuggling and money laundering, and ensure that only reputable and financially stable individuals or businesses engage in the trade. This license also ensures compliance with tax regulations.

By following these steps, you can successfully apply for and obtain a Gold Trading License or Permit, allowing you to legally participate in Uganda’s gold trading market.