If your business is incorporated, the responsibility for liability lies with the corporation, which is a separate legal entity and treated as an individual. No one can touch your personal assets, just those of the corporation. Contact your attorney for specifics on this subject or talk to your qualified accountant. The lifespan of a corporation is unlimited.
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Ifyour business is incorporated Accounting Firms Calgary, the responsibility for liability lies with thecorporation, which is a separate legal entity and treated as an individual. Noone can touch your personal assets, just those of the corporation. Contact yourattorney for specifics on this subject or talk to your qualified accountant. Thelifespan of a corporation is unlimited.
