Here is your daily LawFact from Wise Law for Tuesday May 31, 2016. Today we are talking about Business Law.
By
incorporating your company, you will reduce the possibility that the principals
of your company can be held personally liable for debts of the company.
Even
in an incorporated company, directors may still be personally liable for unpaid
taxes and in some cases, unpaid wages.
- Garry J. Wise, Toronto
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