Director's Liability - "Will I be accountable for the debts owing by the company?"
One of the popular questions we get from directors usually revolves around the issue of their personal liability when it comes to their company’s debts: Will I be accountable for the debts owing by the company?
What happens when the company has outstanding taxes that are not paid within 30 days from the date of Form JA issued? Travel restrictions? Penalties?
We have compiled an information sheet to breakdown the points!
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