Can I be the secretary/director of my own company while working for my employer?

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Can I be the secretary/director of my own company while working for my employer?

I am an employee but I’m thinking about starting my own Ltd. company.

Asked on April 17, 2011 under Employment Labor Law, Alaska

Answers:

S.L,. Member, California Bar / FreeAdvice Contributing Attorney

Answered 10 years ago | Contributor

You can be the secretary/director of your own company while working for your employer.  You should avoid conflicts of interest with your employer; for example, if your company is in the same line of work as your employer, you should not be taking clients/customers from your employer or inducing breach of contract or interfering with existing contracts between your employer and clients/customers.  If your company is in the same line of work as your employer, are there any noncompetitive agreements you were required to sign? If so, you should comply with the terms of those agreements.


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