Legist

11/06/2022

14/06/2018

At Legist we introduce to you a platform that combines task management and Human program interfaces to your issues through a virtual based platform for better productivity and also serving as a market place.

We provide a smart-analytics dashboard tailored to general counsel and law firms that take the “guesswork” and frustration out of processing legal fees.

At Legist we help you create systems that allows legal professionals to store all of their legal documents in one place, create court-ready exhibitions on the fly, and offers an optional smart service. The smart service is the most compelling we offer.

31/05/2018

Is Speeding A Criminal Offence?
"Section 120. Of the Traffic and Road Safety Act 1998, Speeding.
(1) Every person who ;
drives a motor vehicle, trailer or engineering plant of any class or description on a road at a greater speed than the prescribed maximum speed limit in respect of that road under this Act, or aids, abets, counsels or procures any other person to drive a motor vehicle, trailer or engineering plant at a speed in excess of a speed limit lawfully imposed, commits an offence and is liable on conviction to a fine of not less than fifteen currency points and not exceeding sixty currency points or imprisonment of not less than six months and not exceeding two years or both"

If dealt with by way of a Fixed Penalty Speeding will not be dealt with as a criminal offence. Effectively you are being made an offer to settle the matter without recourse to the courts by simply accepting a penalty points and "Fifteen Currency Point" fine. Is speeding a criminal offence? Not if you pay the Fixed Penalty within the stipulated days. No conviction is recorded against you and you do not need to concern yourself with having a criminal record.

A fixed penalty may be offered at the time that you are stopped by the police or when you receive written notice of the case. Normally you have only 28 days to make up your mind about what to do with your Fixed Penalty offer.

24/05/2018

Legist updated their business hours.

Legist updated their business hours.

29/03/2018

The key metrics for evaluating your firm’s bios should focus on connection and engagement. Both of these factors are measurable and your firm’s marketing and website staff should be able to provide quantitative reporting to help track a variety of statistics related to these areas.

11/02/2018

House for sale at UGX 400M kiira17 decimals

11/02/2018

House for sale, 4 Bedrooms, at UGX 500 Millions at kira on 20 decimals.

11/02/2018

House in Naalya, up for sale at Ugx 550 Million. Negotiable. Inbox for details.

09/02/2018

The modern form of company really developed when merchants began trading overseas. A merchant from the guild traded on his own stock overseas but as a member of a company which included similar merchants. Royal Charters began to confer privileges on these “companies” of men in the 14th century but the charters did not become common until the 16th century. The trading liability of each member was separate from other members, that is from the company, and the charters were only obtained to gain a monopoly of trade in a particular territory.

08/10/2017

https://chat.whatsapp.com/FznLXLqyPEX2fAxnjgTUuc you can be a part of our WhatsApp group by following this 🔗.

15/07/2017

The lawyer's greatest weapon is clarity, and its whetstone is succinctness.The language of law must not be foreign to the ears of those who are to obey it, while the common language of the law is not the product of necessity, precedent, convention, or economy, but it is the product of sloth, confusion, hurry, cowardice, ignorance, neglect, and cultural poverty. However Lawyers who use plain language know it doesn't just make good sense, it makes good cents. .

28/06/2017

The truth is, once you decide to leave the safety net of your day job to build your own business, you are stepping onto a crazy roller coaster ride. Among all the fun and excitement of being self employed, there will be days when you feel scared, alone and confused. Deals you were banking on fail. People you thought you could trust let you down. Products you thought would be home-runs, flop embarrassingly. During tough times like these there isn’t much you can do, other than keep the faith and keep going.

“I thought there was an abundance of information on how to structure a business, but there was a shortage of concrete information on what it really takes to sustain a business.The more I would hear from the experts on how to start a business, the less it rang true for me and my personal experience of running a small enterprise.”

22/05/2017

Life is full of uncertainties. Future investment earnings and interest and inflation rates are not known to anybody. However, I can guarantee you one thing.. those who put an investment program in place will have a lot more money when they come to retire than those who never get around.

15/05/2017

At legist we help you increase asset value by developing recurring revenue and earnings along with our content specialists and Developers, Adopting Market intelligence and a tailored approach by Experts at Market intelligence using Human API's.

08/05/2017

At Legist we offer legal services related to a range of business transactions for entrepreneurs and commercial enterprises of all sizes; the business transactions our law firm handles include:

•Entity selection
•Business structure counseling
•Contract negotiations and drafting
•Partnership/shareholder/licensing/supplier agreements/ non-disclosure and anti-compete agreements
•Warranty development
•Mergers and acquisitions
•Trademark and trade name applications and registrations
•Business governance
•Business succession planning
•Corporate, LLP, and LLC organization

When you turn to our Company for legal help with crucial business transactions, a wealth of experience gives your attorney an edge in preparing sound transaction documents crafted to protect your best interests and avert future conflicts and liability.

26/04/2017

At Legist we introduce to you a platform that combines task management and Human program interfaces to your issues through a virtual based platform for better productivity. It doesn’t take a rocket scientist to understand this concept, but it’s application can set the good marketers apart from the great

27/03/2017

TAX AVOIDANCE IS LEGAL, TAX EVASION IS CRIMINAL

Individuals and business owners often have more than one way to complete a taxable transaction. Tax planning evaluates various tax options to determine how to conduct business and personal transactions in order to reduce or eliminate your tax liability.

Business owners often find themselves subject to more scrutiny than wage-earners with a similar level of income. Why? Because a business owner has more options to avoid tax, both legally and illegals.

Here are some of the most common criminal activities in violations of the tax law:

self-explanatory: concealing income is fraudulent. Examples include a business owner's failure to report a portion of the day's receipts or a landlord failing to report rent payments.

Keeping two sets of books and making false entries in books and records. Engaging in accounting irregularities, such as a business's failure to keep adequate records, or a discrepancy between amounts reported on a corporation's return and amounts reported on its financial statements, generally demonstrates fraudulent intent.

Claiming false or overstated deductions on a return. These range from claiming unsubstantiated charitable deductions to overstating travel expenses. It can also include paying your children or spouse for work that they did not perform. URA is always vigilant when it comes to inflated deductions from pass-through entities.

Claiming personal expenses as business expenses. This is an easy trap to fall into because often assets, such as a car or a computer, will have both business and personal use. Proper record-keeping will go a long way in preventing a finding of tax fraud.

Hiding or transferring assets or income. This type of fraud can take a variety of forms, from simple concealment of funds in a bank account to improper allocations between taxpayers. For example, improperly allocating income to a related taxpayer who is in a lower tax bracket, such as where a corporation makes distributions to the controlling shareholder's children, is likely to be considered tax fraud.

Engaging in a "sham transaction." You can't reduce or avoid income tax liability simply by labeling a transaction as something it is not. For example, if payments by a corporation to its stockholders are in fact dividends, calling them "interest" or otherwise attempting to disguise the payments as interest will not entitle the corporation to an interest deduction. As discussed below, it is the substance, not the form, of the transaction that determines its taxability.

URA's Criminal Investigation Division is not to be trifled with, as any number of high-profile individuals, from Al Capone to Wesley Snipes, know only too well. But, in addition to the rich and famous who make the news, there are hundreds of convictions of businessmen and businesswomen who attempted to evade payment of taxes.

17/03/2017

COMPANY LIMITED BY SHARES VS LIMITED BY GUARANTEE

If you are planning to register a new limited company, you must first decide whether it will be limited by shares or limited by guarantee. The vast majority of companies are set up as limited by shares. This is an ideal legal structure if you want to keep business profits for yourself.

Limited by guarantee companies tend be set up by non-profit businesses and charitable organisations. Surplus income is used to further the non-profit or charitable aims of the business, rather than being taken by the owners as personal income.

Whist these two company types differ in terms of profit distribution, they both provide limited financial liability protection to the owners of the business, which is one of the main advantages of company formation

13/03/2017

Trade Marks Overview

What is a Trademark? A trademark is basically a sign that is used to distinguish the goods and services offered by one undertaking from those of another. The two main characteristics of a trademark are that it must be distinctive (it must by its very nature be able to distinguish goods and services) and it should not be deceptive (misleading). A trademark must also not be descriptive. It is descriptive if it describes the nature or identity of the goods or services for which it is used.

Therefore a trademark is a sign that individualizes the goods and services of a given enterprise and distinguishes them from the goods and services of its competitors. A trademark may consist of any word, symbol, design, slogan, logo, sound, smell, colour, label, name, signature, letter, numeral or any combination of them and should be capable of being represented graphically. A trademark can also be a three dimensional-consisting of packaging of goods itself. A trademark protects good whereas a service mark protects services.

What rights does a trademark registration confer? The owner of trade mark has the right to stop other people from using the trade mark without his/her permission. A registered trademark can provide legal protection from imitators trying to profit from his/her businesses identity.

What is the duration of the term of trademark of a registered trademark? The registration is for a period of Seven years (7) and upon expiry is renewed every ten (10) years.

15/02/2017

LEGAL ADVICE FOR SMALL BUSINESS

Our expert lawyers (Law Briefs) can provide you with all the business legal advice you need "from Idea to Ideal". They can also give guidance on the right documents to use for any situation.

Here are some of the things we can help you with:
Trading contracts (reviews and drafting)
Shareholder Agreements
Company setup
Software Agreements
Dispute resolution
Lease/Property Agreements
Employment Agreements / Staffing Issues
Corporate Issues
Consultancy Agreements
Compliance/Regulation
Trademarks
Winding up/Liquidation
Patents AND MANY MORE.