Non-Deposit taking Micro-finance license

Regulate operations of Non-Deposit taking Micro-finance institutions<br>

  • Purpose: Regulate operations of Non-Deposit taking Micro-finance institutions<br>
  • Application Fees: 50,000 Ugx<br>
  • License Fee: 500,000 Ugx<br>
  • Maximum Processing Time: 3 Months
  • Related Websites: <a href="https://umra.go.ug/" target="_blank">www.umra.go.ug</a>
  • Validity: The 31st day of December of the year in which it is issued
  • Contact Office: <a href="https://umra.go.ug/" target="_blank">Uganda Micro finance Regulatory Authority</a>
  • Renewal Fee: 500,000 Ugx
  • License Type: License
  • Legal Basis: The Tier 4 Microfinance Institutions and Money Lenders (Non-Deposit Taking Microfinance Institutions) Regulations, 2018.
  • <ul><li><a href="http://ursb.go.ug/services/business-registration/" target="_blank">A certified certificate of incorporation for a&nbsp; company issued by&nbsp; Uganda Registration Services Bureau</a> <font color="#ff0000"><b>OR</b></font> <a href="http://www.mia.go.ug/content/ngo-bureau" target="_blank">a certificate of registration for a non-governmental organisation by the National Bureau of Non-governmental Organisation.</a></li><li>The memorandum and articles of association, constitution, or other incorporation documents.</li><li>The management structure of the company or Non–governmental organisation.</li><li>Evidence of payment of a fee as prescribed.</li></ul><b>Other fees payable.</b><br><br>a) Registration for Notice of Change (Alteration) - 100,000 Ugx.<br>b) Branch license - 300,000 Ugx.