“We have a strong focus on maintaining our ethics and honesty, experience, personalised services and techniques. Our key strength is offering a tailored service through experience and know-how. Our clients are our best advocates.”
Anil Patel, Managing partner

We are Grant Thornton Uganda
Grant Thornton Uganda is a leader in providing accounting services and business guidance to owner-managers and entrepreneurial businesses. Founded in 1939 as A. M. Shah & Sons, the firm is one of Uganda's leading firms of certified public accountants and business professionals.

Fast figures
US$5.21
million
Revenue
Fast figures
131
People
Fast figures
2
Offices
Fast figures
9
Partners

Global strength
Grant Thornton is one of the world’s leading organisations of independent assurance, tax and advisory firms. With more than 62,000 Grant Thornton people, across over 130 countries, we are focused on making a difference to clients, colleagues and the communities in which we live and work.

Why Grant Thornton
We have more than 50 years of experience working in Africa and a reputation for diligence, knowledge and independence. We have been approved by the World Bank and IMF to act as auditors of companies funded by them.
Awards
Grant Thornton is an award-winning globally recognised professional services network. Here are some of our awards:

Transfer pricing rules
• The legal framework for transfer pricing in Uganda is the Income Tax Act (Transfer Pricing) Regulation 2011 issued under sections 90 and 164 of the Income Tax Act. These regulations are applied in a manner consistent with:
• the arm’s length principle in Article 9 of the OECD Model Tax Convention on Income and Capital; and
• the OECD Transfer Pricing Guidelines for Multi-national Enterprises and Tax Administrations approved by the Council of the OECD for publication on 13 July 1995 (C(95)126/FINAL) as supplemented and updated from time to time.
• The regulations apply to Ugandan taxpayers and the responsibility is on the taxpayer to confirm its transfer prices meet the standard or to adjust its tax return accordingly. The filing of transfer pricing documentation with tax return forms to the Uganda Revenue Authority (URA) is not mandatory, but because it is the taxpayer’s responsibility, transfer pricing analysis and documentation is prepared to help protect against penalties.
• Transfer pricing documentation should be finalized prior to the due date of filing the income tax returns in a given financial year.