Being a director of a UK company under the Companies Act 2006 is an exciting opportunity to help guide a business and make important decisions. Along with the role comes some key legal responsibilities designed to ensure the company is run fairly, responsibly and in its best interests
- Promote the company’s success – Act in the best interests of shareholders while considering employees, relationships, reputation and long-term impact.
- Exercise independent judgment – Make thoughtful, independent decisions.
- Use reasonable care, skill, and diligence – Apply your knowledge and experience responsibly.
- Avoid conflicts of interest – Put the company’s interests first.
Directors also oversee finances, ensure filings with Companies House, meet tax obligations with HM Revenue & Customs, set strategy, ensure legal compliance and support management.
Following these duties helps companies grow responsibly. We offer both director appointments and termination services – contact our team for more information.