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)

No. Item Amount of Fees
1. Application fee for a licence to establish and operate a retirement benefits scheme which receives-
(a) voluntary contributions
(b) mandatory contributions
10 currency points
50 currency points
2. Licence fees paid by a retirement benefits scheme which receives-
(a) voluntary contributions
(b) mandatory contributions
50 currency points
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