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10 duties of a company director
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- čas přidán 18. 08. 2024
- Company directors have a lot of responsibilities - from statutory filing and reporting obligations, to managing a company’s activities, performance, and finances. In this video, Nicholas Campion, our resident company formation expert, will explain the 10 key duties a company director needs to fulfil.
Chapters:
0:00 Intro
2:28 Duty 1. To always act within their powers
4:18 Duty 2. To promote the success of the company
5:14 Duty 3. To exercise independent judgment
5:44 Duty 4. To exercise reasonable care, skill, and diligence
7:02 Duty 5. To avoid conflicts of interest
8:04 Duty 6. To not accept benefits from third parties
8:56 Duty 7. To disclose interests in proposed transactions or arrangements
9:57 Duty 8. To maintain statutory filing and reporting obligations
11:36 Duty 9. To comply with additional legislation and regulations
12:42 Duty 10. To report personal income
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#1stFormations #smallbusiness #smallbusinesses #businessadvice #startup #companydirector #companiesact #shareholders
thank you for regularly educating us about the details of running a company.
No problem. What does your company do for a living?
I registered my first business through your company. You’ve been so helpful with this crucial information and the newsletter as well!
Thanks for the high praise. What does your company do for a living?
Very clear and succinct - a really good summary for those of us in 'busy' lifestyles. I would be pleased to help work with 1stformations on providing suitable supporting digital infrastructure for this for new start-ups in view of the straightforward approach.
Thank you for your kind comment Simon. We'd recommend taking a look at our Partnerships page here - www.1stformations.co.uk/partnerships/.
A very informative video. Thanks 1st Formations!!
Thanks. Have you checked out any of our other videos?
Great video. As a newly appointed company director, this video is highly useful.
Thanks John. What does the company you work for do for a living?
Great information! Thank you.
Our pleasure Lawrence. Are you a company director?
Thank you for the list!
No problem. Have you checked out any of our other videos?
Great video. You made it easy to understand.
Thanks for the high praise. Are you a company director?
Thank you for the list
Thank you for your kind comment. Had you heard of these duties before watching our video?
ASTONISHING !!!
Thanks 1st Formations!!
Thanks. Are you a company director?
Great content. Thank you.
Our pleasure. Are you a company director?
Awesome !! Thank u for all informations
Many thanks. Are you a company director?
Awesome !! Thank u for all informations .
very informative video. Thanks
Thank you. Are you a company director?
Great Video!!
Thanks. What does your limited company do for a living?
nice video thank you
Thanks. Do you have any other topics we would like to cover in our videos?
Awesome ! Thank you for the list!
No worries. Do you have a limited company?
Nice video!
Thank you. Do you have a limited company?
Great video, thank you!
No problem. Do you have a limited company?
@@1stformations I do and used your service to set up recently :)
@@tonyyeb_uk Great! What does your company do for a living?
@@1stformations IT consultancy
@@tonyyeb_uk Great! Do you have a website?
Thanks great !
Many thanks. Do you have a limited company?
Yes IREMSU @@1stformations
@@user-qw4uu7xq3p Great. What does the company do for a living?
Great video ⚡
Achadream ltd
Many thanks. What does Achadream do for a living?
Bu video harika !!!
Many thanks. Are you a company director?
@@1stformations yes sir 🥰
@@Funny_680 Great. What does your company do for a living?
very informative video. Thanks
Many thanks. Have you checked out any of our other videos?