Pros and cons of monthly director fee vs salary
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 Aug 9 2019, 10:50 AM
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#1
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Newbie
6 posts Joined: Sep 2011  
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If I remember correctly, director's remuneration is only via fees as by definition, directors are not staff of the company hence not eligible for a salary. Maybe a lawyer or a company secretary can shed more light on this.
This post has been edited by RWT: Aug 9 2019, 10:50 AM |
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Aug 9 2019, 11:05 AM
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#2
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Newbie
6 posts Joined: Sep 2011
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From that reading, it seems a salary for directors is applicable as long as it's an executive director. Is my understanding correct?
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