A Nominee service is a legal way of protecting the identity and anonymity of the company owner. The main function of nominee directors or shareholders is to maintain the anonymity of the real owner by taking their place in all public records relating to the company and non-governmental bodies.
Power of Attorney
Protect your Privacy
Price : 649$ per year
— Nominee Director & Power of Attorney
A nominee is an officially enrolled intermediary who functions as a company director.
This is entirely legal and many companies use them for a variety of purposes.
In some juridictions, the names of company directors are placed on public records.
The nominee director serves as a "proxy" for the beneficial owners.
Upon appointment of a nominee director, a document called Power of attorney is issued in the name of the director to the attorney ( beneficial owner ).
On the basis of the given document, the person indicated in the Power of Attorney, acts on the behalf of the company and as a legitimate attorney. can sign documents, contracts and can open bank account.
The power of Attorney is issued for a period of one year. This service need to be renewed each year and it can be stopped at anytime upon request.
The nominee shareholder is appointed in order to shield the real owner of the company from being publicly associated with the ownership of this company. This is entirely legal.
When you appoint a nominee to hold shares on your behalf, your benefits are protect without making your personals public.
Your shares are holder under Trust, backed by a legal document called a "declaration of trust' signed by the nominee.
The declaration of Trust sets out that the shareholder is bound to fullfill all the instructions of the beneficiary in relation to allocation of dividends, shareholder's resignation, share transfer etc..
The declaration of trust is issued for a period of one year. This service need to be renewed each year and it can be stopped at anytime upon request.