I see, thank you.
When you are the sole shareholder of a company that you are incorporating, you have absolute power over the corporation
. In other words, there is no limitation on what the you can direct the corporation to do in regard to the conduct of its business
The main issue at this point is to maintain the corporate form and not treat it as your personal piggy bank or alter ego. In other words, you must
1. always keep strict records,
2. keep separation between your personal accounts and the corporation's accounts,
3. do not use corporate money for your personal expenses.
4. When you conduct business in the corporate name, you must maintain that formality (never sign a contract
in your personal name...always sign as "CEO of X Corp".
As long as you maintain the corporate formalities, your corporation will be ruled to be a separate entity and your personal assets will be protected from business liabilities.
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