Does the director need to be a PSC and shareholder also?

Directors do not have to be shareholders or persons with significant control (PSC). However, if existing shareholders want to offer shares to the directors, the director will also need to be added as a shareholder (and a PSC if the director has 25% or more shares in the company). We recommend purchasing our Company Secretarial Service which includes Director Appointment & Resignation, Issue and Transfer of Shares and Confirmation Statement Service included at a discounted price.