Interim management services

An interim director is an officer, a company head, who does not actually manage business, nor makes any managerial decisions related to actual operation of the company, but only performs administrative functions, thus ensuring its operation.

Functions of an interim director include:

• representation of the company to all governmental and non-governmental authorities, enterprises and organizations;
• signing any contracts, bills of lading, invoices, certificates of completion on the company’s behalf;
• signing any orders, decisions, resolutions;
• signing any bank and financial documents;
• signing any documents related to personnel hiring and dismissal;
• signing any tax, financial and statistical reporting.

This service may of interest to company being at the stage of incorporation by foreign founders. An interim director signs routine invoices and documents while a work permit for employment of a future non-resident director in Ukraine is pending. This permit may be obtained only after the company is incorporated, therefore somebody must temporarily act as a head while it undergoes the procedure of registration.

An interim director may be beneficial for the companies passing a period of changes – change of management, investors – or for the companies suffering temporary financial hardships, but preferring to ‘freeze’ their business rather than closing and to wait until market situation improves.

Services of interim director may be of interest to the companies performing representative functions in Ukraine.

‘KD CONSULTING’ legal & consulting firm is ready to offer competent specialists with good knowledge of law, tax and business operation, and rich experience in the sphere of interim management to a position of interim director. Our experience and knowledge are a guarantee of successful fulfillment of administrative functions and protection of your company from any potential risks.