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Running a limited company
Running a limited company
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Directors' responsibilities
Taking money out of a limited company
Company changes you must report
Company and accounting records
Confirmation statement (annual return)
Signs, stationery and promotional material
Directors' responsibilities
As a director of a limited company, you must:
You can hire other people to manage some of these things day-to-day (for example, an accountant) but you’re still legally responsible for your company’s records, accounts and performance.
You may be fined, prosecuted or disqualified from being a company director if you do not meet your responsibilities.
Contact your professional adviser or trade association to find out more.
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Taking money out of a limited company
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