• Latest
URSB Deregisters Thousands of Non-Compliant Companies

URSB Deregisters Thousands of Non-Compliant Companies

7 months ago
Women Entrepreneurs Urged to ‘Dream Boldly,’ Master Financial Discipline

Women Entrepreneurs Urged to ‘Dream Boldly,’ Master Financial Discipline

1 hour ago
Uganda Targets Swiss Luxury Market at International Holiday Expo

Uganda Targets Swiss Luxury Market at International Holiday Expo

2 hours ago
Uganda’s Anne Aliker to Lead Standard Bank Group’s Africa Regions Investment Banking

Uganda’s Anne Aliker to Lead Standard Bank Group’s Africa Regions Investment Banking

3 hours ago
Museveni Ends Karamoja Trail with Call for Peace and Wealth Creation

Museveni Ends Karamoja Trail with Call for Peace and Wealth Creation

3 hours ago
Uganda Calls for United Tourism Front with Kenya: ‘We’re Complementing, Not Competing’

Uganda Calls for United Tourism Front with Kenya: ‘We’re Complementing, Not Competing’

3 hours ago
Africa Must Fund Infrastructure with Domestic Revenue – Museveni

Africa Must Fund Infrastructure with Domestic Revenue – Museveni

4 hours ago
SoftPower News
Friday, October 31, 2025
  • News
  • Tourism & Travel
  • Business
  • Lifestyle
    • Fashion
  • Regional
    • Kenya
    • Rwanda
    • Tanzania
    • Burundi
    • South Sudan
    • DR Congo
  • Defence & Security
  • Sport
  • Entertainment
  • More
    • Agriculture
    • Africa
    • Columnists
    • Education
    • Health
      • COVID-19
    • International News
    • News in Pictures
    • OpEd
    • Pearl Of Africa
    • People
    • Politics
    • Special Reports
    • Women
No Result
View All Result
  • News
  • Tourism & Travel
  • Business
  • Lifestyle
    • Fashion
  • Regional
    • Kenya
    • Rwanda
    • Tanzania
    • Burundi
    • South Sudan
    • DR Congo
  • Defence & Security
  • Sport
  • Entertainment
  • More
    • Agriculture
    • Africa
    • Columnists
    • Education
    • Health
      • COVID-19
    • International News
    • News in Pictures
    • OpEd
    • Pearl Of Africa
    • People
    • Politics
    • Special Reports
    • Women
No Result
View All Result
SoftPower News
No Result
View All Result
Home Business

URSB Deregisters Thousands of Non-Compliant Companies

by Our Reporter
March 27, 2025
URSB Deregisters Thousands of Non-Compliant Companies

URSB Offices in Kololo

1.4k
VIEWS

The Uganda Registration Services Bureau (URSB) has intensified its efforts to enforce compliance with the Companies Act of 2012 by striking off and deregistering non-compliant companies from the register.

In 2023, the Registrar of Companies struck off 297,697 companies from the register that failed to file annual returns for five consecutive years, rendering them inactive and unable to conduct formal business. Operating a struck-off company is an offence, punishable by a fine of up to UGX 4 million per day, as per Regulation 41 of the Companies Regulations, 2023.

Related Stories

Women Entrepreneurs Urged to ‘Dream Boldly,’ Master Financial Discipline

Uganda Targets Swiss Luxury Market at International Holiday Expo

Uganda’s Anne Aliker to Lead Standard Bank Group’s Africa Regions Investment Banking

URSB has now taken further action by permanently deregistering 10,001 companies that did not apply for reinstatement after being struck off.

A Notice of Deregistration was issued on February 7, 2025, officially removing these businesses from the register. Deregistration is the permanent removal of a company from the register. This means that the company legally ceases to exist, and after 12 months, the company name becomes available for use by others.

However, URSB has urged companies that remain struck off to immediately apply for reinstatement to avoid permanent deregistration. Reinstatement applications must be submitted via the Online Business Registration System (OBRS) and require filing outstanding annual returns to complete the reinstatement process successfully.

Companies are encouraged to act promptly to avoid permanent deregistration. The public, including government ministries, departments, agencies, financial institutions, and businesses, has been warned against transacting with struck-off or deregistered companies. A full list of affected companies is available on the URSB website (www.ursb.go.ug).

URSB reaffirmed its commitment to continue monitoring company records and compliance, ensuring that businesses adhere to their statutory obligations.

Tags: CompaniesDeregistrationSoft PowerSoftPower NewsTop Uganda NewsUgandaURSB

Recent Stories

Women Entrepreneurs Urged to ‘Dream Boldly,’ Master Financial Discipline

Uganda Targets Swiss Luxury Market at International Holiday Expo

Uganda’s Anne Aliker to Lead Standard Bank Group’s Africa Regions Investment Banking

Museveni Ends Karamoja Trail with Call for Peace and Wealth Creation

Uganda Calls for United Tourism Front with Kenya: ‘We’re Complementing, Not Competing’

Africa Must Fund Infrastructure with Domestic Revenue – Museveni

SoftPower News Logo

SoftPower News is a subsidiary of SoftPower Communications LLC, a Ugandan digital media group. Keep posted of the latest from Uganda and East Africa.
Plot 4B Malcolm X, Kololo
P.O Box 1497, Kampala - Uganda
Tel: +256-392-001-701
Email: info@softpower.ug

This news site is licenced by Uganda Communications Commission (UCC)

ADVERTISEMENT
  • News
  • Tourism & Travel
  • Business
  • Lifestyle
  • Regional
  • Defence & Security
  • Sport
  • Entertainment
  • More

© SoftPower News

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

error: Content is protected
No Result
View All Result
  • News
  • Tourism & Travel
  • Business
  • Lifestyle
    • Fashion
  • Regional
    • Kenya
    • Rwanda
    • Tanzania
    • Burundi
    • South Sudan
    • DR Congo
  • Defence & Security
  • Sport
  • Entertainment
  • More
    • Agriculture
    • Africa
    • Columnists
    • Education
    • Health
      • COVID-19
    • International News
    • News in Pictures
    • OpEd
    • Pearl Of Africa
    • People
    • Politics
    • Special Reports
    • Women

© SoftPower News

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?