Can both of us be non-executive directors in our LLP, even though we’ll be working full-time at our current jobs while building the business? We’re looking to focus on getting the company off the ground without quitting our day jobs, until we can earn a sustainable income.
Best Answer
Yes, you can both be non-executive directors in your LLP while working full-time elsewhere. This allows you to manage the company’s strategic direction without being involved in day-to-day operations. However, ensure you comply with the LLP Act’s requirements for non-executive directors, including maintaining a minimum number of working days for the company.
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