Posts tagged incorporate

Want the Protection of an LLC? Observe Corporate Formalities

by Arina Shulga, founder of Shulga Law Firm, P.C.

Business owners usually incorporate their businesses in order to limit their personal liability for business debts. However, simply incorporating is not enough to enjoy protection of limited liability. One also needs to observe corporate formalities. Otherwise, the courts may decide to “pierce the corporate veil” of the business entity and hold the owner liable for the company debts.

Why Should You Incorporate Your Business?

by Arina Shulga, founder of Shulga Law Firm, P.C.

Many entrepreneurs ask me whether they should incorporate their businesses.  Most often