Clarification on Company’s Director Reimbursement and Role?
1. How many directors may get reimbursement from the Company?
Ans:- There is no restriction all directors can get reimbursement
2. Do the Director need to submit proof and how?
Ans:- Yes, through vouchers,bills,letters
3. Director of the company can also work as an employee and get salary?
Ans:- Yes, but it should qualify as professional capacity other than as a director.
4. What kind of reimbursement is allowed for Directors?
Ans:- Expenses incurred for business will be allowed