Only 16: the minimum age of a company director

1 min read

Posted: 8th Dec 2020

When you turn 16, you can become a director of a company.

A company must have at least one director who is 16 or over and not disqualified from being a director.

Directors are legally responsible for running the company and making sure company accounts and reports are properly prepared and filed on time. They must exercise reasonable skill, care and diligence in their role.

Even if you do not intend to carry on any kind of business activity or receive any form of income, like a dormant company, you must still file dormant accounts and send in confirmation statements every year.

A director can hire other people to manage some of the day-to-day tasks of running a company, for example, an accountant. But they’re still responsible for their company’s records, accounts and performance.

If you’re thinking of starting and running a company, getting legal advice should be high on your list. We can help you identify any legal problems and of course incorporate your company properly to prevent problems before they happen.

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16 or over! – Incorporate your new company using our professional service today.

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