10 duties of a company director
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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Пікірлер: 53
thank you for regularly educating us about the details of running a company.
@1stformations
10 ай бұрын
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!
@1stformations
10 ай бұрын
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.
@1stformations
3 ай бұрын
Thank you for your kind comment Simon. We'd recommend taking a look at our Partnerships page here - www.1stformations.co.uk/partnerships/.
Great video. As a newly appointed company director, this video is highly useful.
@1stformations
10 ай бұрын
Thanks John. What does the company you work for do for a living?
Thank you for the list!
@1stformations
10 ай бұрын
No problem. Have you checked out any of our other videos?
ASTONISHING !!! Thanks 1st Formations!!
@1stformations
10 ай бұрын
Thanks. Are you a company director?
Thank you for the list
@1stformations
3 ай бұрын
Thank you for your kind comment. Had you heard of these duties before watching our video?
Great information! Thank you.
@1stformations
10 ай бұрын
Our pleasure Lawrence. Are you a company director?
Great video. You made it easy to understand.
@1stformations
10 ай бұрын
Thanks for the high praise. Are you a company director?
A very informative video. Thanks 1st Formations!!
@1stformations
10 ай бұрын
Thanks. Have you checked out any of our other videos?
Awesome !! Thank u for all informations .
Awesome !! Thank u for all informations
@1stformations
9 ай бұрын
Many thanks. Are you a company director?
Great content. Thank you.
@1stformations
10 ай бұрын
Our pleasure. Are you a company director?
Awesome ! Thank you for the list!
@1stformations
10 ай бұрын
No worries. Do you have a limited company?
very informative video. Thanks
@1stformations
10 ай бұрын
Thank you. Are you a company director?
Great Video!!
@1stformations
10 ай бұрын
Thanks. What does your limited company do for a living?
nice video thank you
@1stformations
10 ай бұрын
Thanks. Do you have any other topics we would like to cover in our videos?
Great video, thank you!
@1stformations
10 ай бұрын
No problem. Do you have a limited company?
@tonyyeb_uk
10 ай бұрын
@@1stformations I do and used your service to set up recently :)
@1stformations
10 ай бұрын
@@tonyyeb_uk Great! What does your company do for a living?
@tonyyeb_uk
10 ай бұрын
@@1stformations IT consultancy
@1stformations
10 ай бұрын
@@tonyyeb_uk Great! Do you have a website?
Nice video!
@1stformations
10 ай бұрын
Thank you. Do you have a limited company?
Thanks great !
@1stformations
10 ай бұрын
Many thanks. Do you have a limited company?
@user-qw4uu7xq3p
10 ай бұрын
Yes IREMSU @@1stformations
@1stformations
10 ай бұрын
@@user-qw4uu7xq3p Great. What does the company do for a living?
Great video ⚡ Achadream ltd
@1stformations
9 ай бұрын
Many thanks. What does Achadream do for a living?
Bu video harika !!!
@1stformations
10 ай бұрын
Many thanks. Are you a company director?
@Funny_680
10 ай бұрын
@@1stformations yes sir 🥰
@1stformations
10 ай бұрын
@@Funny_680 Great. What does your company do for a living?
very informative video. Thanks
@1stformations
10 ай бұрын
Many thanks. Have you checked out any of our other videos?