A business structure in which the bankruptcy of a company will not have a negative impact on individuals and families?

Protect family assets from being affected and maintain family living standards.

2. Isolate family assets from unlimited liability.

3. Capital preservation, even if speculation fails, there is a chance to make a comeback.

Even in the case of personal bankruptcy, other operating assets will not be affected.

5. Separate low-risk core assets and preserve strength.

6 to ensure the economic interests of family members who have lost the right to operate and manage.

7. Limit the impact of profligacy

If there is no bankruptcy, the husband and wife share the property, and bankruptcy is also shared.

The company is an independent legal person with independent property rights and undertakes external debts with its own property. When a company goes bankrupt, it only needs to pay off its debts with all the company's property, which has nothing to do with the personal property of shareholders.

However, if the property of a one-person limited liability company and the personal property of shareholders cannot be separated and mixed together, the shareholders shall bear the responsibility of continuing to repay the company's debts.

Article 63 of the Company Law If the shareholders of a one-person limited liability company cannot prove that the company's property is independent of the shareholders' own property, they shall be jointly and severally liable for the company's debts.

1. First, distinguish between corporate debt and personal debt, corporate assets and personal assets. If the company is unable to repay its due debts, is insolvent and cannot continue to operate, it may apply for bankruptcy;

2. Persons responsible for the bankruptcy of the company cannot serve as directors and senior managers of the company within three years.