PRIVATE COMPANY DIRECTORS

Role
The directors are the persons who will be responsible for managing the business and affairs of the company and for ensuring, along with the company secretary, that the company complies with the Companies Act 2006.

Subject to being removed by the members/shareholders, the directors will control the company.

Number
The company, being a private company, must have at least one director - section 154(1) of the Companies Act 2006.

There is no upper limit on the number of directors the company may have. However, for practical reasons, UKcorporator will only cater for up to 6 directors.

Relevant factors in choosing
A director of a private company (such as the one you are forming):



may also be a member/shareholder of the company;



may itself be a company, provided that the company of which it is a director has at least one human director - section 155(1) of the Companies Act 2006;



need not have any special formal qualifications;



need not be a UK citizen - however, it is possible that UK immigration laws may prohibit such a director from working in the UK. If in doubt, advice may be sought from the Home Office UK Border Agency;



need not, under the Companies Act 2006, 'live' in the UK (nor need a director reside, be a 'permanent resident', be domiciled, or be incorporated in the UK). Nevertheless, this general proposition may be subject to any other rules which may apply from time to time;



must not have been disqualified by a court from acting as a company director (unless he or she has been given leave (permission) by a court to act as a director for a particular company);



must not be an undischarged bankrupt (except with leave of the court) - section 11(1) of the Company Directors Disqualification Act 1986;



must have attained the age of 16 years - section 157 of the Companies Act 2006;



need not be younger than any particular age (i.e. there is no maximum age limit).

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