Uganda Compliance Report

Regulatory Overview

Regulatory Status

Regulators have not addressed crypto; legal status ambiguous

Key Regulator(s)

**Regulator Name, A comprehensive legal and regulatory framework for the licensing and supervision, The, **Closely monitor regulatory developments

Primary Legislation

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Travel Rule

Not adopted

Tax Reporting

**For Individuals:** If an individual disposes of crypto assets that result in a gain, this gain would typically be added to their other income and taxed at the standard individual income tax rates.. **Rates (Resident Individuals - PAYE structure, subject to frequent updates):**. Up to UGX 2,820,000 per annum: Exempt. UGX 2,820,001 - UGX 4,020,000: 10%. UGX 4,020,001 - UGX 6,240,000: UGX 120,000 + 20% of amount over UGX 4,020,000

Key Facts

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