Register of directors
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What’s a register of director’s and when do you need one?
A register of directors is something that you must have in place where you have a limited company.
It contains a number of key details about each statutory director that you appoint to help manage the running of your business.
The detail in this template covers all the legally essential detail that you’re required to record.
Directors may be nervous about this kind of information being disclosed, but it is the law. Contact details like emails and phone numbers do not need to be included and it’s advisable not to do so. Shareholders have a right to inspect this register, others are entitled to ask to see it and so it should be kept up to date and stored securely.
This register is part of our suite of registers, often called the ‘statutory books’, that a limited company must have in place.
Other registers within this suite include:
- Register of secretaries
- Register of debentures
- Register of directors' interests
- Register of directors' residentialaddress
- Register of members and share ledger
- Register of mortgages and charges
- Register of persons with significant control (PSCs)
- Register of relevant legal entities (RLEs)
- Register of share applications and allotments
- Register of transfers
Not all of these will be relevant to your business in its initial stages of setup and development, but many, if not all, of them, will be relevant as your businesses grows. You will need to have them in place and to keep them up to date. Some are mandatory from the outset.
The register of directors is mandatory from the outset.
Often, accountants and lawyers, advisers, formation agents and/or administrative agencies will offer variously priced services to help you to manage these administrative obligations.
But you can keep them up to date on Farillio yourself for no additional cost.