A deputy board member is a substitute for an ordinary board member in a limited company. The deputy steps in and serves when an ordinary member cannot take part, for example during absence or if the member resigns.
In smaller companies with only one ordinary board member, the Companies Act requires at least one deputy so the board is always quorate. Who the deputy is is registered with Bolagsverket.
A board member is a person who sits on a limited company's board of directors.
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The general meeting is the highest decision-making body in a limited company, where shareholders make decisions.
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The Swedish Companies Act (ABL) is the law that governs how limited companies are formed and run.
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Bolagsverket is the Swedish authority that registers companies and company information.
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