What are the risks and benefits of a friend starting a company?

1. Disadvantages: The legal representative should bear the responsibility of exercising civil acts unrelated to his legal representative status. If the legal representative violates laws and regulations, he shall bear corresponding responsibilities. Legal Risks of Civil Liability If some companies have illegal operations, their legal representatives, as senior managers of the company, will bear corresponding civil legal liabilities.

2. Benefits: As a legal representative, it is more convenient to carry out economic activities abroad and promote the development of the company after being authorized by the legal person; Thirdly, as a legal representative, when dealing with some urgent affairs, he can represent the legal person with certain right to speak and make decisions.

Reply time: 2020- 1 1-27. Please refer to the latest business changes announced by Ping An Bank in official website.

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