Sometime back while I was in Uganda I had a chat with an individual at Uganda's equivalent of CA. One thing he mentioned in our conversation was that starting businesses have a grace period in Uganda where they don't need to pay taxes. Last I checked Uganda was up there among the leading countries globally in entrepreneurship, not sure the two are linked. Regards, Martin Gicheru Editor, Techweez On Mon, Feb 1, 2016 at 3:03 PM, Ahmed Mohamed Maawy via kictanet < kictanet@lists.kictanet.or.ke> wrote:
Listers,
Allow me to post a question on the group - which is the question I had in mind to present to CS Joe Mucheru. Mine is a burning question on how to incentivize the startup eco-system, including:
1. How to make the business registration process a bit less hectic. 2. Tax breaks for some amount of time during which they operate to pick up business and traction around this.
Having managed the eco-system in Mombasa for a while, I think you end up finding potential kids and other chaps having ideas, but who can not enter into some contests or can not be eligible to enroll to specific support frameworks because of their lack of a business registration certificate. Which is sad, to see such potential go all the way down the drain because of financial or other constraints. There is a pipeline issue for potential startups here that needs to be resolved, but how can we work together around this?
-- *Ahmed Maawy* Executive Director - SwahiliBox / M-Power (CBO) Ambassador - Open Knowledge Director - Startup Grind Mombasa Software Developer - AJ+ / EveryLayer (KE) +254 714 960 627 Skype: ultimateprogramer
swahilibox.co.ke www.okfn.org <http://okfn.org/> startupgrind.com ajplus.net www.everylayer.com
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