What Is the “Corporate Veil”? When a company is formed as a Limited Liability Company (LLC) or corporation, it is regarded as its own legal entity. Therefore, the business—rather than its owners—is held accountable for its debts and legal responsibilities. “Corporate veil” (also called a “corporate shield”) is a business term that refers to the [...]
The post Do You Need a Corporate Veil? appeared first on Launch - the official blog of CorpNet.com.
from Launch – the official blog of CorpNet.com https://ift.tt/2olO3HA
No comments:
Post a Comment