How To Establish a Corporate Veil
- February 14, 2022
- Kelvin Birk
If you’re wondering how to establish a corporate veil, this blog seeks to answer that question. The way you establish your business from the outset – including the corporate structure you choose, the creation of your operating agreement, and the up-front capitalization – will determine, in part, whether your entity’s corporate veil can withstand potential future lawsuits.
You want to make sure that corporate owners and LLC members have all the protections available to them under the law. A corporate veil can shield owners’ and members’ personal assets, placing them beyond the reach of a business’s creditors.