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A personal restricted company must have at the least one director and so they can be a shareholder. If an individual has been disqualified from acting as a limited company director, are an undischarged bankrupt or are less than 16 years old they can not assume this position. Directors of limited companies are responsible for notifying Companies Home of any adjustments to the construction and management of the company. Company administrators are also employees of the corporate and must pay income tax and Class 1 National Insurance contributions.

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