Rules Governing Becoming a Company Director
The rules governing who can be a company director are contained within the Companies Act 2006, Part 10, Chapter 1.
The requirements state that appointees must be over the age if 15, that is a person of 16 may become a company director. The 2006 Act later lays out provisions whereby a person under this age may be appointed in special circumstances.
These provisions for a person under the age of 16 to act as a company director only extend to England and Wales. There is no such provision for Scottish Companies.
Disqualified and Undischarged Bankrupts
Persons who are currently disqualified from being a company officer or those who are undischarged bankrupts are also prohibited from being company directors.
Apart from the disqualification and bankruptcy provisions, in reality, Companies House will accept nominations for any persons the shareholders of a given company deem fit to act in that capacity.
The Companies Act 2006 requires a person or other entity seeking appointment as a director to be a natural person. This requirement means that an individual person must be appointed for a single director company.