Companies are set up for create a separate legal entity, but of course they can’t act on their own, they need people to run the company. You may find it easier to appoint St Matthew eAccounting as your nominee director where it is not easy to have the director in place.
A nominee director serves as a proxy for the owner(s) of a company and acts on their behalf. A separate document is provided granting Power of Attorney to the beneficiaries. However, the Director is ultimately responsible for the legal obligations and running of the company. Due to the onerous position of acting as a Director we must be selective when offering this service and we review each case separately. A Deed of Indemnity must be completed providing full details of the shadow director and compliance with our terms and conditions must be strictly adhered to. You can be assured with using St Matthew eAccounting as your nominee director for only £7.50pcm.
A shadow director is defined in the Companies Act 1985 s741(2) as a ‘person in accordance with whose directions and instructions the directors of a company are accustomed to act’.