FEES AND COMPULSORY ANNUAL LEVIES FOR RETIREMENT BENEFITS SCHEMES
Under regulation 23(1) of the Uganda Retirement Benefits Regulatory Authority (Licensing of Retirement Benefits Schemes) Regulations, 2012 as amended in 2017
No. | Item | Amount of Fees |
---|---|---|
1. | Application fee for a licence to establish and operate a retirement benefits scheme which receives- | |
(a) voluntary contributions | nil | |
(b) mandatory contributions | 50 Currency Points | |
2. | Licence fees paid by a retirement benefits scheme which receives- | |
(a) voluntary contributions | nil | |
(a) mandatory contributions | 250 currency points | |
3 | Compulsory Annual levy paid by a retirement benefits scheme which receives- | |
(a) voluntary contributions | 0.025% of the Total Asset Value in the statement of financial position | |
(b) mandatory contributions | of the scheme for the previous financial year 0.05% of the Total Asset Value in the statement of financial position of the scheme for the previous financial year |