I am the sole director of the holding company of our family estate, the shareholding of the estate is 15% in my personal name and 85% in a trust of which my mother was the donner and my brother and I are the trustees (no independent).
As far as I understand, day to day decisions made at the company level i.e. small things: signing lease agreements, purchasing furnature big things: re-inveting capital in new propeties, paying dividends and salaries etc...are all up to me as the sole director, right?
What is the best way to keep track of all these decisions? I know directors need to pass resolutions but since I'm the sole director what's the point of passing a resolution document that is signed only by me?
Also what are the other responsibilities I have as company director?