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.
We will provide you with a copy of the nominee’s passport and proof of their address.
Your company’s rights will be protected under a power of attorney. This will certify that you have full control of the company and the nominee director only represents you. All actions made by the nominee director will be taken under this contract until it ends. Then all rights will revert back to you and the nominee can no longer act on your behalf.
If you appoint a nominee shareholder, you will need to protect your rights to your shares. Issuing a declaration of trust without any loopholes helps you to confirm your full ownership of your shares while the nominee represents you.
To help you understand, the picture below shows the structure.
Choose the services you need. Provide information of the company’s beneficial owner (a scanned copy of their passport and proof of their address).
Pay for the services you have ordered.
We will appoint a nominee, and provide the nominee’s Know Your Client (KYC) documents (scanned copy of passport and proof of address), Declaration of Trust (DOT) and Power of Attorney (POA), if you need these. These documents can be Public Notary or Apostille base on your order.
To bring the customers the various prime services needed to successfully operate the business, as the service option, Olimpic Corp INC will be customers’ representative under nominee director. As the benefits of nominee director service, the director’s individual information will be kept private and totally confidential. All of the company’ upcoming contracts or documents will show up the name of nominee director
Moreover, nominee director will be assigned to sign on all of the corporate contracts and partner agreements. It is committed that the nominee will not do any obligations without customers’ request and allowance. With long-term experience, we know what clients expect from our service. Therefore, we always do our job in prestige and professinal manner.
A nominee shareholder is a non-beneficiary role whereby a person or corporate body is appointed to act on behalf of the true shareholder in a name-only capacity. In most cases, a nominee service will be used when a LLC shareholder wishes to remain anonymous and keep their details off the public register.
A nominee director is a person or corporate body appointed to act in a non-executive capacity on behalf of another person or corporate body.
Read more: What is the difference between a shareholder and a director?
The primary purpose is to protect the identity of the true company director; therefore, the role of a nominee is in ‘name only’ and their details will appear on public record in place of the real officer’s details. Nominees are given no executive ‘hands-on’ duties but they are often required to sign certain internal documents on behalf of the true director or secretary.
No at all, nominee non-beneficiary, non-executive and just name only on paperwork. You are still Beneficial Owner of your company bank account, we have Nominee Agreement have term and condition detail and give to you Power of Attorney which allow you full right with your company.
Nominee shareholder is appointed in order to shield the real owner of the company from being publicly associated with the ownership of that company.
Upon appointment of a nominee shareholder, a nominee service agreement (declaration of trust) will be signed between you and the nominee.
Nominee shareholders provided by Olimpic Corp INC work to the highest level of integrity and confidentiality.
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