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Company directors have a lot of responsibilities – from statutory filing and reporting obligations, to managing a company’s activities, performance, and finances. In this video, Nicholas Campion, our resident company formation expert, will explain the 10 key duties a company director needs to fulfil. Chapters: 0:00 Intro 2:28 Duty 1. To always act within their powers 4:18 Duty 2. To promote the success of the company 5:14 Duty 3. To exercise independent judgment 5:44 Duty 4. To exercise reasonable care, skill, and diligence 7:02 Duty 5. To avoid conflicts of interest 8:04 Duty 6. To not accept benefits from third parties 8:56 Duty 7. To disclose interests in proposed transactions or arrangements 9:57 Duty 8. To maintain statutory filing and reporting obligations 11:36 Duty 9. To comply with additional legislation and regulations 12:42 Duty 10. To report personal income Website: https://www.1stformations.co.uk/ Blog: https://www.1stformations.co.uk/blog/ Facebook: / 1stformations Instagram: / 1stformationsofficial LinkedIn: / 1st-formations Twitter: / 1stformations #1stFormations #smallbusiness #smallbusinesses #businessadvice #startup #companydirector #companiesact #shareholders