A liquid crystal display device includes first and second substrates, at least one of which is transparent, a liquid crystal layer which is disposed between the first and second substrates, a pixel electrode and a common electrode which are formed on one of the first and second substrates and which apply an electric field to the liquid crystal layer, a plurality of active elements which is connected to the pixel electrode and the common electrode, an alignment film which is disposed on at least one of the first and second substrates and has one surface contacting the liquid crystal layer, and an underlying layer which is disposed on at least one of the first and second substrates and contacts the other surface of the alignment film. The pixel electrode is laminated on the common electrode having a plane shape through an isolation film.