Nominee services are typically provided by an intermediary to disguise the beneficial owner's business. Nominee services refer to the nominee shareholder and the nominee director. As a rule, the nominee services should also include a post office box service (office address for correspondence purposes). Nominee services are suitable for large corporate tax planning structures and often include an international aspect. For example, the ultimate beneficiary is based in another country and not the company itself.

Nominee shareholder services are typically provided on the basis of a declaration of trust, whereby the nominee declares that he holds shares on behalf of another person and is not entitled to make decisions in the company, neither to vote at a shareholder meeting nor to receive dividends, it unless the customer expressly gives instructions. The nominee has no right to sell shares unless requested by the customer. However, the customer and the nominee can agree on specific tasks that the nominee should perform. Such tasks are often assigned to lawyers and lawyers who have expertise in the field and can protect the client's interests.

Nominee director, also called a "shadow director", who usually only appears for official records while the company is effectively run by the client by power of attorney. Based on approval, the customer can open a bank account and assume full business management and control.

Nominees

Term 'nominee' may be referred to a nominee director or a nominee shareholder. Confidus Solutions can provide you with both services worldwide, depending on your corporate structure and personal goals.

Nominee director

Nominee director usually is a local resident. However, it can also be a person from abroad, since there are no specific requirements provided. Nominee director should be an individual or a private person. In some countries, a director – is an institution so that the director might be a collegial body.

Nominee shareholder

For the nominee service purpose in certain jurisdictions, the nominee shareholder usually is an individual private person. The person can be resident or non-resident, depending on a particular case.

Confidus Solutions nominees

It is possible to combine nominee services and extend the corporate structure up to two level nominees. Nominee director and nominee shareholder should not necessarily be the same person or be located under the same jurisdiction. For tax planning purposes there might be different solutions.

Confidus Solutions have partners and agents all around the world that allows us to provide nominee services worldwide, depending on needs and goals of our clients. Our lawyers and tax advisers will provide you with detailed opinion on tax planning as well as offer unique corporate structure fitting your needs. Call us to appoint nomine for your company!