List of Role Types
Below is the list of roles that can be selected during the Ownership and Control stage of the application form.
Director
A Director is an individual authorised to represent the company and make binding decisions on its behalf, as per the law or the company's Articles of Association.
Beneficial Owner
A Beneficial Owner is an individual who ultimately owns or controls more than 25% of a company’s shares or voting rights, or who otherwise exercises control over the company or its management.
Partner
A Partner is similar to both a Beneficial Owner and a Director in a limited company. They usually have an ownership share and the authority to make binding decisions for the partnership. Their exact rights and responsibilities are outlined in the Partnership Deed.
A Corporate Director and Corporate Beneficial Owner function similarly to a Director or Beneficial Owner, but instead of being an individual, they are an entity (a company).