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Is running under a limited enough to limit liability? I'm no lawyer but thought you'd have to establish all the corporate infra (bank, tools, etc) to avoid pier
by intelVISA 3y ago
Is running under a limited enough to limit liability? I'm no lawyer but thought you'd have to establish all the corporate infra (bank, tools, etc) to avoid piercing the veil in your daily ops.
- multjoy 3y agoYes. The corporate veil isn't a literal one - you own the company in your real name, registered to your real address, but the company is the entity that is at risk from legal action unless you've explicitly offered a personal guarantee.