Becoming a company director is an important legal step. As a director, you are responsible for overseeing the company’s affairs and making sure the company meets its legal obligations.
A directorship is not just a title. There is no such thing as a ‘silent director’ or a director ‘in name only’. If you agree to become a company director, you take on legal obligations. If you do not meet those obligations, you can face serious legal and financial consequences.
Before you register a company or agree to become a company director, take time to understand:
- what a company is
- what the role of director involves
- whether a company is the right structure for the business
- what questions you should ask before agreeing to be appointed.
Learn
Use the Becoming a company director online module to build confidence in what the director role requires in practice.
Knowledge checks and a scenario-based quiz will help you test your understanding before you decide to become a director.