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Nominee Service

Nominee Director, Nominee Shareholder

A nominee director and nominee shareholder are people who are formally registered as the director or shareholder of a company but act on behalf of another person or entity (beneficial owner). They are used to maintain confidentiality, facilitate transactions or comply with local requirements. In fact, they are “signature persons” and the beneficial owner has effective control over the company.

The use of nominal persons may be perfectly legitimate and justified, for example when the beneficial owner does not want his name to be publicly associated with the company, or when local legislation requires a resident to serve as a director. However, it is important to understand that nominal persons bear certain legal risks and liabilities even if they act on the instructions of the beneficial owner. They may be held liable for the company’s actions, especially if those actions are illegal or cause harm to third parties.

Benefits of using nominee services

Using a nominee director or nominee shareholder can bring substantial benefits to you and your business.
Using nominee services will result in the name of the nominee person, rather that of the beneficial owners, to appear on the corporate documents such as the Articles of Incorporation. This ensures the owner’s identity is kept private, maintaining anonymity and a high level of security.
The nominee director, however, doesn’t hold any practical power over the business and is only for company incorporation.
Furthermore, the use of nominees will provide benefits of the tax system of the chosen offshore jurisdiction. For example, in order to gain the benefits of the Cyprus tax system the company must be a tax resident requiring the company to be controlled and managed from the country.
However, it must also be noted that, if lawfully requested by the Court or by the Financial Investigations Agency, the nominee directors are obliged to reveal the identity of the nominee.

We will not be able to provide nominee service for Restricted Business Activities:

Dealing in medications, pharmaceuticals, health products etc.
Pornography, adult content material
Dating agencies, contact websites
Dealing in arms or arms parts that may be used in weapon production.
Timeshare
Gaming, gambling
Financial Services, financing, leasing
Parallel trading
Tobacco, wines and spirits
Mercenary or contract soldiering
Security and riot control equipment, or any device that could lead to the abuse of human rights or be utilised for torture
Technical surveillance or bugging equipment
Industrial espionage
Dangerous or hazardous biological, chemical or nuclear materials
Trading in human or animal organs
Adoption agencies
Pyramid selling schemes
Religious cults or their charities
Clubs, Associations, Federations, NGOs etc.
Private educational establishments, eg. Academies or Universities
Generic web-hosting services for multiple undefined activities.
Call-centre marketing services for undefined products or services, or “boiler-room” enterprises.

Call us today, and get your business off to the best possible start.

We provide a wide range of offshore companies formation, administration and fiduciary services for internal and external clients worldwide. We help to maintain an offshore company in accordance with the regulations, laws and tax authorities of the foreign state in which it is registered for non-resident clients.