The relevance of formalising business

The Uganda Registration Services Bureau (URSB) has registered 17,790 new businesses through mass business registration over the last three years.

As it enters the fourth year of its mass business registration initiative, launched in the 2023/24 financial year, URSB is expected to take registration services beyond traditional service points, making it easier for entrepreneurs across the country to formalise their businesses.

 According to Patrica Opoka, the Assistant Commissioner for Registration Services, over the first three years, the initiative has delivered 187 mobile business…