What to keep in mind
The work may include minutes, forms, publications and professional prequalification documents. Internal appointment and registration have distinct effects, especially toward banks and third parties.
Registering a new director without documenting the departure of a predecessor can leave inconsistencies in the corporate record.
Distinctions often confused
Registration does not confer unlimited authority; powers arise under the law, bylaws and valid delegations.
Frequently asked questions
Can a director act before their appointment is registered?
Must the departure of a director also be registered?
Informational content. It is not a substitute for professional advice.