Nominee elements traditionally hold important positions in "pure" offshore or combined offshore/onshore structures. Carefully chosen, they can provide desirable anonymity and some asset protection for the final beneficiaries while retaining complete manageability. We'll look into some kinds of nominees most often used by our clients: nominee Director and nominee Shareholder.
Some usages for a Nominee Company are described in a separate page as this offshore tool bears not only nominee, but also some tax-planning features.

Nominee Director

The nominee Director is a natural person or a body corporate, who only formally holds the position of an offshore company's Director. Within the context of our services the underlying company may be:
a Bahamian, BVI, Belize, Nevis,
Mauritius IC, or Seychelles IBC,
Nevis Business Corporation, Cyprus company,
UK Private Limited Company.

Nominee Manager

Nominee Manager is a natural person or a corporation, who is a Limited Liability Company's Manager only in name.

General Power of Attorney

The nominee Director (Manager) may issue a General Power of Attorney in the name of the client or his authorized representative. You may kindly find here a sample standard power of attorney. It may be amended by a specific instruction from the client before it is issued and, where applicable, authenticated (i.e. with Apostille).
The client or his/her authorized representative (Attorney-in-Fact) is entrusted actually the same powers as the Director (Manager) himself. In most cases the powers may be restricted only by a relevant national and/or international legislation.
Please, see the description of our nominee Director's Services and relevant fees in OUR SERVICES-NOMINEE SERVICES.


Nominee Shareholder (Member for a Nevis LLC)

nominee Shareholder(s) or Member(s) Services are provided by a specific request of a client. The shares (member interest) of the client's company will be held only for nominee purposes (e.g. the Shareholders' or Members' details to be listed in the Registrar of the jurisdiction of the client's company incorporation or in some other public documents). The ultimate beneficiary of the company remains the only person actually authorized to dispose of its business, acts, and deeds.
At any point, the nominee Shareholder will transfer the shares he/she formally holds to the person(s) listed in the appropriate instruction from the Beneficiary.
You may kindly find the description of our nominee Shareholder's (Member's) Services and relevant fees in OUR SERVICES-nominee SERVICES.

NOTE.
For the specific Nominee Services regarding Private Foundations, please see Our Services- Private Foundation.