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There are a certain irreducible core of duties that director of a company needs to obey, primary amongst which not trading whilst insolvent. Otherwise, many functions can be outsourced to specialised agencies. You might be surprised at the ratio of staff to revenue that even big MNCs like Nike have. The constraints are activities which are unlawful in ...


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A director has significant legal obligations. They need not be shareholder (that's the owner) but under corporate law play a significant part in governance and are responsible for ensuring the company is solvent. I seriously do not recommend asking a casual mate or neighbour to be director. It is possible to ask a professional firm to be nominee and even ...



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