Can you explain 10 legal advantages of registering a company?

1. Limited liability: By registering a company, the owners' personal assets are protected from any liabilities or debts incurred by the business.

2. Tax benefits: Companies are eligible for various tax deductions and credits that can help reduce the overall tax burden.

3. Credibility: A registered company is seen as more credible and trustworthy by customers, suppliers, and investors.

4. Access to funding: Registered companies have easier access to funding from banks, investors, and other financial institutions.

5. Perpetual existence: A registered company has a separate legal existence from its owners, meaning it can continue to operate even if the owners change or pass away.

6. Brand protection: Registering a company name and logo provides legal protection against others using the same or similar branding.

7. Employee benefits: Registered companies can offer employee benefits such as health insurance, retirement plans, and stock options to attract and retain top talent.

8. Legal protection: Registering a company provides legal protection for intellectual property, contracts, and other business assets.

9. Expansion opportunities: Registered companies can easily expand into new markets, acquire other businesses, or enter into partnerships with other companies.

10. Succession planning: Registering a company allows for easier succession planning, ensuring the business can continue to operate smoothly in the event of the owner's retirement or death.

Discuss winding up of a company in Uganda.