Nominee Service

What is a nominee shareholder and why use one?

A nominee shareholder of an offshore company is an individual or legal entity in whose name the company's shares are officially registered.

• With us, this is always a real person who provides nominee shareholder services professionally.
• Where the nominee shareholder is a legal entity, it is always a company registered solely for the purpose of holding shares as a nominee.

A nominee shareholder is usually required by clients who need a lawful way to own a company confidentially. All information about the true beneficial owner (UBO) remains strictly confidential. Although the nominee shareholder is the formal owner of the shares, they have no right to benefit from the company's activities or to claim the assets that belong to it.

• This is formalised legally, and the client has no reason for concern.

What are the risks of using a nominee shareholder?
When the shares of an offshore company are registered in the name of a nominee shareholder, you will be issued a trust agreement stating who the true beneficial owner of the company is.
We also provide clients with an original share transfer form signed by the nominee shareholder, with an open date, so that you can transfer the shares yourself at any time.
It should be noted, however, that in recent years banks have been reluctant to work with companies that have nominee shareholders in their ownership structure. If you are still interested in registering a company and concealing its ownership, please contact our consultants to find out which banks can open an account.

Nominee director of an offshore company.

Why is a nominee director appointed to a company?

As a rule, for confidential management of the company; combined with the nominee shareholder service, full confidentiality of the company can be achieved. We also offer a service for concluding contracts on behalf of the company's nominee director, which makes it possible to avoid so-called related-party dealings.
Nominee director services are also formalised legally: the nominee director signs a power of attorney issued to the client or to another trusted person or persons.
The power of attorney is notarised and, as a rule, apostilled.

Nominee services were popular for many years, until the governments of developed countries began their fight against offshores. Today nominee directors, shareholders and nominee services in general are becoming less in demand due to the opening of beneficial ownership registers and the BEPS plan. All this has led to banks refusing to open bank accounts for companies that use nominee services.