Who is responsible when a company runs into trouble? The difference between legal representative, shareholder, and director. — Attorney Yang Si
- Law Office
- 2 days ago
- 1 min read
In a company structure, "legal person", "legal representative", "shareholder" and "director" are completely different legal identities, and are also one of the concepts that Chinese entrepreneurs are most likely to confuse.
This video, presented by New York business lawyer Yang Si, continues the previous content with an in-depth analysis:
✔️Who can serve as the legal representative?
✔️What powers can a legal representative exercise?
✔️What legal risks does a legal representative need to bear?
✔️What is a shareholder?
✔️What is a director?
Clearly defining the roles and responsibilities of branch offices is key to operating a company legally and compliantly, and avoiding unnecessary legal liabilities for individuals.
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