Kickstart your business with confidence. From registration and contracts to protecting your intellectual property, our AI-powered platform offers all the legal tools and guidance you need to launch and grow your venture smoothly.
The simplest way of structuring your business to protect personal assets.
From UgX 400,000 + filing feesPlan to issue shares, go public, or go global? Go there as a corporation.
From UgX 600,000 + filing feesCreate an organization to give back and be eligible for tax breaks.
From UgX 400,000 + filing feesForm an organisation in which the members or owners are also the decision-makers and stakeholders
A single owner and shareholder business.
From UgX 400,000 + filling feesJust like a sole proprietorship, an SMC has a single owner and shareholder.
From UgX 400,000 + filling feesThis ensures you or other partners aren't personally on the hook for company debts and liabilities.
Corporations require a board of directors, annual meetings, record keeping, and more. LLCs and sole proprietorships have rules too—but they're less strict.
After you form, there are annual requirements to keep your business in good standing.
LLCs and corporations have multiple tax options.
Get access to funds from banks, venture capital firms, and foundations.
Only corporations can sell shares on the stock market.
C corp onlyStart for UgX 0 + filing fees
Start for UgX 600,000 + filing fees
Start for UgX 400,000 + filing fees
Start for UgX 400,000 + filing fees
Both protect owners so they're not personally on the hook for business liabilities or debts. But, key differences include how they're owned (LLCs have one or more individual owners and corporations have shareholders) and maintained (corporations generally have more formal record-keeping and reporting requirements). Even though LLCs are considered easier to start and maintain, investors tend to prefer corporations.
C corporation income is taxed twice—the business pays taxes on its net income, and then the shareholders also pay taxes on the profits they receive. With S corporation income, only the shareholders pay taxes on profits received.
Personal liability protection. An LLC protects owners from being personally on the hook for business liabilities or debts. A sole proprietorship doesn't.
LLCs, S corporations, and sole proprietorships are taxed once on profits received. C corporations are taxed twice; the business pays taxes at the corporate level, and shareholders pay taxes on income received. Nonprofits with 501(c)(3) status are exempt from federal income taxes.
LLCs, corporations, and nonprofits. You don't get personal liability protection with sole proprietorships or DBAs.
Have questions, need support, or want to learn more about our services? Our team is ready to assist you. Reach out to us through any of the channels below, and we'll get back to you as soon as possible. Your legal needs are our priority.
Get Legal Help
