Each company must have at least one director. There are some restrictions regarding who can be a director of a company.
A person can not be a director of a company if he/she is:
- under 18 years of age
- an undischarged bankrupt
- prohibited from being a director or promoter of or being concerned or taking part in the management of a company under the Act
- a person in respect of whom a custody order is in force under section 18 or 41 of the Mental Treatment Act (Cap 103)
- not eligible because of requirements contained in the company’s rules.
The director must also be a natural person (eg a director cannot be another company or a trust).
The director’s residential address recorded here must be a physical address of where they reside and cannot be a postal address such as a PO Box or Private Bag.
The person registering the company must confirm that the directors have consent to be directors of the company, and a record of that consent should be kept in the company’ own files.
Further details on directors’ responsibilities can be found here.