In today’s evolving regulatory landscape, tax compliance is more than a statutory requirement it’s a strategic priority. Businesses face increasing scrutiny from tax authorities, and failure to comply can result in costly penalties, reputational damage, and operational setbacks. At Flip Consultants Ltd, we provide a comprehensive range of tax services designed to simplify your compliance process and improve efficiency. Whether you’re starting up a new business or managing an established business, we take the time to understand your unique needs and tailor solutions that not only ensure compliance but also optimize your tax position. Our goal is to help you build a strong foundation for long term business success.
Our Tax Services Include;
Tax Registration Services
We assist individuals and businesses in fulfilling all tax registration obligations with the Uganda Revenue Authority (URA). Our services cover the acquisition of Tax Identification Numbers (TINs) and the registration of businesses for relevant tax categories, including but not limited to VAT, PAYE, and WHT. We guarantee timely and accurate completion of all registrations, providing a solid foundation for full tax compliance and efficient business operations.
Tax Planning Services
Tax planning is the process of arranging your financial activities in a way that legally minimizes your tax liability while ensuring full compliance with tax laws. Strategic tax planning is essential for successfully navigating the complexities of both local and global markets.
Our tailored tax planning services help businesses mitigate risks, stay ahead of changing regulations, and strengthen their competitive position. Going beyond basic compliance, our focus is on optimizing your business structure to promote growth, lower costs, and improve overall operational efficiency. We work closely with individuals and businesses to develop proactive tax strategies that ensure clients meet their tax obligations while maximizing compliance. By gaining a clear understanding of your financial situation and long-term objectives, we deliver customized solutions that boost tax efficiency and support long-term financial stability.
Tax Compliance Services:
Tax compliance refers to the act of meeting all legal obligations related to taxation as set by the relevant tax authorities. This includes timely filing of tax returns, accurate reporting of income and expenses, proper payment of taxes due, and adherence to all applicable tax laws and regulations. For both individuals and businesses, tax compliance ensures they avoid penalties, interest charges, and legal consequences, while maintaining good standing with the tax authority.
We help individuals and businesses maintain full compliance with Uganda Revenue Authority (URA) regulations by ensuring all statutory obligations are met accurately and on time. Our services cover the preparation, review, and submission of key tax filings, including Income Tax Returns, Value Added Tax (VAT), Pay As You Earn (PAYE), and other mandatory statutory submissions in accordance with Ugandan tax laws.
Tax Advisory:
Tax advisory involves providing expert guidance on tax-related matters to help individuals and businesses comply with tax laws, manage risks, and make informed financial decisions. It includes advice on specific tax issues, changes in legislation, and optimizing tax positions.
We provide expert advice on various tax issues to assist individuals and businesses in making informed choices, adapting to regulatory updates, and optimizing their tax positions. Our advisory services include individual and corporate tax, as well as Value Added Tax (VAT) and excise duty.
Transactional Advisory Services
Transactional advisory refers to specialized consulting services that support businesses and individuals during financial transactions such as mergers, acquisitions, restructurings, or sales. At Flip, we help in assessing the tax implications of the different aspects of the transactions. We help in identifying tax risks, minimizing value and facilitating smooth and efficient deal execution.
Tax Appeals Services
Tax appeals are formal processes through which taxpayers challenge decisions or assessments made by tax authorities that they believe are incorrect or unfair. This can include disputes over tax amounts owed, penalties, interest, or the interpretation of tax laws. There several avenues that one can use to appeal these taxes among which there is objection, Alternative dispute resolution, Tax Appeals Tribunal and court.
We represent our clients during disputes with tax authorities by preparing and filing tax appeals, managing communications, attending hearings, and handling negotiations. We take the burden off their shoulders by ensuring that their cases are effectively advocated for and resolved efficiently.
Tax Health Check Services
A tax health check is a comprehensive review of an individual’s or business’s tax affairs to ensure compliance with tax laws and identify any potential risks or opportunities for savings. It involves examining tax filings, records, transactions, and internal processes to detect errors, omissions, or inefficiencies that could lead to penalties or missed benefits.
At Flip, we carry out thorough tax health checks to proactively identify and resolve potential tax risks before they escalate into costly liabilities. Our goal is to give clients peace of mind by ensuring full compliance with tax regulations, improving internal processes, and uncovering opportunities for greater tax efficiency. By addressing issues early, we help businesses avoid penalties, strengthen their tax position, and operate with confidence.
Tax Audit Services
Tax audits are formal examinations conducted by tax authorities to verify the accuracy and completeness of a taxpayer’s financial records and tax returns. The purpose of a tax audit is to ensure that taxes have been correctly calculated and paid in accordance with the law. During an audit, the tax authority may review documents such as income statements, expense records, bank statements, payroll records, and other relevant financial information.
We prepare our clients for Uganda Revenue Authority (URA) audits by providing thorough guidance and hands on support throughout the audit process. Our team expertly addresses and resolves any issues raised to ensure compliance and minimize risk.
International tax advisory
International tax advisory refers to professional guidance and support offered to individuals, companies, or organizations that operate across multiple countries and need to manage their tax obligations globally. This service ensures that businesses remain compliant with tax laws in different jurisdictions while optimizing their tax positions. At Flip Consultants, we help these multinationals in remaining compliant by taking a keen look at the following major aspects of international tax;
Double Taxation Avoidance
Ensuring companies don’t pay tax twice on the same income in two different countries—typically using tax treaties.
Transfer Pricing Compliance
Advising on how to price transactions between related entities in different countries to comply with local tax laws and avoid penalties.
Permanent Establishment Risk
Assessment Evaluating whether a company’s activities in a foreign country might trigger local tax obligations.
Withholding Taxes & Repatriation Planning
Helping clients understand the taxes withheld on cross-border payments like dividends, interest, and royalties—and how to repatriate profits efficiently.
Tax Residency & Mobility Planning
For individuals or executives moving across borders, advisory helps determine their tax residency status and manage tax obligations accordingly.