Can I own a company but not be director?

[TheFaQQer]

Sounds a bit intrusive

And like much of that poster's advice, contains a lot of bollocks

[m0n1k3r]

The Government has plans to introduce a pubic register of who really owns uk companies. I think it is coming in later this year sometime.

Yes, the PSC register (person of significant control), not to be confused with HMRC's use of the same acronym.

However a PSC is a person with more than 25% shareholding, so if you are four people and each of you own 25% then you should be all set. For good measure, own 24% each and then have a fifth person own 4%.