To provide a liquid crystal device having enhanced reliability without degrading its display quality by preventing an alignment layer from being deteriorated, and to provide an electronic apparatus.

Alignment layers 40 and 60 are formed on the surfaces of a TFT array substrate 10 and a counter substrate 20 on the sides of a liquid crystal layer 50, respectively, and passivation films 41 and 61 containing a magnesium compound such as MgO and MgF2 are formed between a pixel electrode 9 and the alignment layer 40 of the TFT array substrate 10 and between a common electrode 21 and the alignment layer 60 of the counter substrate 20, respectively.