Hello, smart Business Owner ...

Did you know that a corporate body…

 that is a Company (LLC) can have a registered business name just as any other person can.

Yes.

Your limited liability company can own another company under the law.

And in this case, the company as an entity bears all the interests and liabilities of the new company.

In this case….

The company's owners are shielded from any liability incurred by the company as a result of the activities of the new ones.

This happens because the law recognizes a Ltd Liability Company as an artificial person with all the powers of a natural person.

What that means is that the company as an entity can enter into contracts in its own name…

 it can sue and be sued in its name…

 and it can also register or incorporate as many companies as it wants.

There is a clear distinction between the company and the owners of the company.

The company enjoys a separate legal personality different from that of its founders.

While the liability of the owners of the corporate (LLC) is limited in relation to the company, while the liability of the company (LLC) is unlimited to the activities of the newly registered business.

Beyond just your key business, there is so much more you can do with a limited liability company that you can’t do with an enterprise…

At the beginning, you don’t see most of these things coming until they arrive and meet you unprepared.

 That is why I always encourage my clients to do an LTD registration from the get-go.

To your #LegalSense

#BarinaadaLegal.

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