Being a director The Companies Act of 2008 requires every company to have at least one director. The director(s) have their responsibilities set out in that Act, and they are required to act with due care and skill in a fiduciary capacity for the company. A person can be either […]
Tag: executive
What is a board of directors?
By law, every company has to have at least one director, but in many cases it is appropriate to have more than one director. Small businesses or startups often start out having just one director. As they grow, they bring in additional talented individuals and advisers who can then become directors […]