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The law is a little vague. It says that someone convicted of money laundering may be disqualified for acting as a company director (ish). I assume that would be
by joshvm 5y ago
The law is a little vague. It says that someone convicted of money laundering may be disqualified for acting as a company director (ish). I assume that would be part of sentencing, or it may be a decision made by Companies House (or whoever vets that). Certainly ex-prisoners can start business in general.
A bigger issue may be things that require credit checks, like business loans, bank accounts, insurance, etc.
Some good advice here: https://unlock.org.uk/advice/things-think-becoming-self-employed/ https://unlock.org.uk/advice/things-think-becoming-self-empl...
- opless 5y agoThat indeed is a good link. If you’re setting yourself up in a consultancy, you don’t usually need start up capital and hence no loans required. Bank accounts and insurance are a requirement however!
- throwaway301010 5y agoYou'd only be disbarred from being a company director if the court ordered it or if Companies House applied to the court to disbar you. Max 15 years disbarment.