What should a Company Consider when Appointing Directors.
- The appointed director must be a natural person, not a corporate entity
- The appointed director must sign a Consent Letter
- The company must provide the director with an Appointment Letter, which includes details such as salary and terms of service
- Director appointments must be approved through a Shareholders’ Resolution
- Note: As a director, you must sign the Consent Letter and receive the Appointment Letter for the appointment to be valid