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Angus, a sole trader, is thinking of incorporating his business. Angus prefers to establish limited liability for himself as a director, shareholder, and employee of

Angus, a sole trader, is thinking of incorporating his business. Angus prefers to establish limited liability for himself as a director, shareholder, and employee of the company. Advise Angus on the following:

  1. Will the creation of a company completely remove him from any potential liability for injury, loss, or contracts made by his company?

  1. Will Angus have any interaction with the ASIC or ASX if he set up a company?

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