The company's "legal representative"? 90% of business owners misunderstand corporate legal concepts. — Attorney Yang Si
- Law Office
- 2 days ago
- 1 min read
When starting a company in the United States, many Chinese business owners will say, "I am the legal representative of the company." However, this statement is not actually accurate under corporate law.
This video, produced by New York business lawyer Yang Si, explains in detail the origins of the corporate system.
✔️What is a "legal person"?
✔️A company is legally considered a "person".
✔️What is a "legal representative"?
✔️The fundamental difference in legal responsibility between a legal person and its legal representative
If you are incorporating, operating, or serving as a person in charge of a company in the United States, these concepts will directly affect your legal liabilities and risk exposure.
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