Yes. A director can resign at any time without shareholders' approval. A formal notification to the company is sufficient. However, the resignation can only be registered when a replacement is appointed.
Can a director resign without a shareholders' meeting?
If this is your situation, we handle this procedure with a registered notary.
More questions about Director Appointment and Removal
How long does it take to change an SL director?
Between 1 and 3 weeks. The process includes: shareholders' resolution, acceptance of office, notarial deed and Companies Registry inscription.
Can you change from sole director to board?
Yes. Changing the management structure requires an amendment to the articles. You need: shareholders' resolution with reinforced majority, notarial deed and Companies Registry inscription.