UK Directors Address

what is their need and what are the options for the director’s address

In the United Kingdom, legal entities are governed by the Companies Act. Its latest version was approved by the Queen on November 8, 2006 and was the most important reform of business organization in the past 150 years in Britain. The section that deals with the activities of directors of British companies is commented on in a separate explanatory document. 

Who can be a director of a British company?

Director of a company in the United Kingdom can become both resident and non-resident of the country, which is very important, because the state promotes the development of business not only by its residents, but also by foreigners, raising the image of the country and giving the opportunity to create their own business. Applicant for the position of director must not be unreconstituted bankrupt or disqualified as a director for any other reason. In addition, administrative and criminal violations are taken into account when considering a candidate. 

Previously directors of companies in England could become a legal entity, but now there must be at least one director who is a natural person over the age of 16.

Nominee director in a British company

It is possible to use the services of a nominee director in the United Kingdom. If you are in another country, a nominee director of a UK company may have minimal administrative functions, or their powers may be much broader – only if you choose to do so. The United Kingdom Companies House keeps a record of all persons who exercise control over the company. For help in selecting a resident director with a proven track record, you can turn to special services, where they will offer you qualified specialists in this matter. 

Powers and duties of the director

Particular attention is given in the Companies Act 2006 and the duties of a director of an English company are clearly described, it is to act in the interests of the shareholders of the company. A director must make a large number of decisions that will contribute to the success of the company, but at the same time, acting in good faith and reasonably, i.e. solely within the limits of the law.

Duties of a director of an English company

A director is obliged to comply with the Articles of Association and the Memorandum of Association and also act within his knowledge, skills, experience and available powers. It is the director must ensure that the company’s activities in no way have a negative impact on society and the environment, responsible for the reputation of the company and its high standards. Health and safety of the company employees are also on the director’s conscience.

Director’s responsibilities

In addition, the director of a British company has very specific obligations: to monitor the timely delivery of statements and payment of taxes (which is quite important for the government of the state), the publication of correct information about the company in various sources (this is not only the duty of the director, but a necessary action, which will soon contribute to the image of the organization, as well as the trust of investors and consumers) . In the event that the director of the company fails to comply with the legal requirements or makes mistakes in the conduct of the company’s business, the responsibility lies with the director and not with the accountant. Failure to comply with these requirements in the UK is criminally punishable.

Directors file their own tax returns once a year. A rather interesting fact is that director’s actions, which are motivated by personal goals, are not prohibited, for example, if the company enters into a contract with another company owned by the director’s family. But in that case, the other directors, shareholders and owners must be made aware of their intentions. In addition, directors cannot accept favors from third parties – this is excluded.

What is a service address and what does it have to do with a company director? 

A service address is an official mailing address that all directors of a company are required by law to have. It is mandatory when directors are elected as part of a limited liability company during or after incorporation. Their address information is recorded in the public register. Directors receive their personal mail and authorized notices from HMRC and Company House at their business addresses.

A company director’s address can be any physical address located anywhere in the world – a director can use a non-residential or residential address, or the company’s registered address as long as a complete mailing address is provided. Directors are not necessarily expected to work at their business addresses and are not required to visit them; they are simply required to receive official individual mail.

Some company directors may use the address services of the agent who created the company. Their business mail is sent to that mailing address registered with the Chamber of Commerce as a service address. Their mail is then sent to them at any alternate address they may choose. This is done to protect their human privacy while creating a certified, corporate image.

The difference between a registered office address and a service address

A service address is needed for each limited company director as an official mailing address for all the important documentation and letters that will come to the director. Their personal mail from HMRC and Trading House is sent to their service address. This address can be located anywhere in the world, which is quite useful for a non-resident of the country.

Looked at another way, the registered office address is the official address of the Limited Partnership or Limited Liability Company. All legal notices and official mail addressed to the LLP or company will be delivered to their registered offices. The registered office address must be located in the same part of the UK as the registered LLP or company.

Is it possible to use my company’s registered office address as a service address?

The registered office address is not the same as the service address, but the law allows a similar address to be used for the same purpose if it meets the legal specifications of the registered office.

What about the shareholders of the company and the need for their address. The shareholders of a company do not need a service address. The first shareholders of the company must provide the Companies House with a contact address, but any other shareholder who joins the company after incorporation is not required to provide a contact address.

Can I change my address?

Your service address can be changed at any time, but you should preferably notify Companies House as soon as possible using form CH02 (for corporate directors) or form CH01 (for natural director). These forms are available online through your company’s free online manager. The newly submitted service address will be registered with Companies House and will appear on all public records within 24 hours of submitting the appropriate form (CH01 or CH02) – it will not officially change until it is registered.

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