A Comprehensive Guide to Legal Obligations and Registration Procedures for Businesses and Individuals: Ensuring Compliance, Credibility, and Protection

Kasigwa Kyeyune N.

Faculty of Economics and Management, Kampala International University Uganda

ABSTRACT

Enterprises and individuals needed to navigate legal requirements and registration procedures to comply with regulations, uphold their integrity, and safeguard their interests. This study thoroughly examined the legal obligations and processes for registration in different countries. The research emphasised the significance of complying with tax, employment, and industry requirements and the difficulties associated with efficient company registration. Compliance was not just a requirement dictated by the law; it also served as a strategic benefit that improved operational effectiveness and fostered trust. The analysis consolidated existing research, highlighted significant obstacles, and provided pragmatic suggestions for safeguarding legal rights, enhancing corporate oversight, and mitigating risks. The need to continuously adapt to regulatory changes and use new technology to simplify compliance operations was emphasised. The results emphasised the need to remain knowledgeable and proactive in legal administration to attain enduring success in a rapidly changing global setting.

Keywords: Legal compliance, Registration procedures, Corporate Governance, Tax regulations, Employment law.

CITE AS: Kasigwa Kyeyune N. (2024). A Comprehensive Guide to Legal Obligations and Registration Procedures for Businesses and Individuals: Ensuring Compliance, Credibility, and Protection. INOSR ARTS AND HUMANITIES 10(2):51-54. https://doi.org/10.59298/INOSRAH/2024/102.5154