Difficult Corporate Veil Jurisdictions

Summary

In Delaware, USA, and the British Virgin Islands, piercing the corporate veil is notably difficult due to strong corporate protections. Similarly, in the Cayman Islands, Bahamas, Cook Islands, Nevis, and Seychelles, the corporate veil is generally upheld, though exceptions exist for fraud or misconduct. In Vietnam and Russia, the corporate veil can be pierced under certain circumstances, such as fraudulent activities. Consult local legal experts for specific advice.

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Can you tell me at least one jurisdiction where it is impossible to pierce or lift the corporate veil of a local corporation ?
Hello ****, to my knowledge, there's no jurisdiction where it's categorically impossible to pierce the corporate veil. The ability to do so largely depends on specific circumstances, such as fraud or improper conduct. However, in Delaware, USA, it's famously difficult due to their strong protections for corporations.
what about outside of the USA?
In the British Virgin Islands, piercing the corporate veil is also quite challenging due to strong corporate laws. However, like most jurisdictions, exceptions can occur in cases of fraud or similar misconduct.
What about Cayman Islands, Bahamas, and Cook Islands and Nevis?
In the Cayman Islands, Bahamas, Cook Islands, and Nevis, it's generally difficult to pierce the corporate veil. These jurisdictions have strong corporate protections. However, in cases of fraud, criminal behavior, or similar misconduct, courts may still decide to pierce the veil.
what about Seyshelles?
In Seychelles, the corporate veil is generally upheld. However, as with most jurisdictions, there can be exceptions particularly in cases involving fraudulent or dishonest use of the corporate form. Please consult a local attorney for specifics.
what about Vietnam and Russia?
In both Vietnam and Russia, the corporate veil can be pierced under certain circumstances. These include fraudulent activities or where the corporation is a mere shell for illegal activities. However, these jurisdictions generally respect the concept of corporate entity. Consult local legal experts for specifics.