This article looks at the role of the company secretary and how to select a suitable candidate.
Compliance for private limited companies in the UK means ensuring that the business is trading lawfully with all the many rules and regulations being adhered to. In the past, the person responsible for this role was clear-cut: every private limited company was obliged to have a company secretary.
However, in 2008 the law changed and there is now no legal requirement to have one, although some companies still choose to do so. So do you need one or not?