Nominee Directors play a big part in keeping your personal information secure. Many countries and jurisdictions allow for the use of nominees in incorporating companies.
This page talks about the Nominee Director and delves into further detail about his job.
For undisclosed reasons, not everything about Nominees are discussed on this public page. If you need more information, you may contact us directly.
Updated: 28 Des 2020
Author: Alan, K.
The Nominee Director represents the director of the company. Nominees are used mainly for security reasons -- to protect your personal information as well as your business activities. Countries who have accepted the Nominee system into their incorporation procedures are:
Using a Nominee gives you the option not to provide authorities with your personal information. Your name, address, ID´s, and passport details are never registered, and therefore, never recorded to be shared to third parties.
The Power of Attorney is a legal document issued to protect the rights of your company. This document includes the Certification of Notary Public and Apostille. It protects your company´s rights and business activities.
Now you don´t need to open a new company by using personal information at the risk of thievery.
The use of the Nominee Director´s information instead of your own gives you protection and security. Any required documents will be provided by the Nominee Director, without you having to inconvenience yourself. In short, you may incorporate a company without ever divulging any of your personal details.
The Nominee system is perfectly legal and is recognized by many tax havens around the world.
Your rights as the real owner of the company is protected by the Power of Attorney. After the Nominee Director has completed the process of incorporating your company, he loses his rights over your business to you and will act only during maintenance activities of the corporation.
The Power of Attorney is a document issued to you that certifies your authority over your business. It gives the actual company owner the guarantee that the rights to your company will transfer back to you upon the completion of tasks by the Nominee Director.
This document is also applicable when opening corporate bank accounts. After the application process, account management can only be done by you as the Nominee loses his rights as soon as the application process is over.
Availing of the Nominee System takes a lot of trust between the Nominee and the actual owner. Thus, it is important that nominees are trustworthy and that the Nominee System itself protects the actual owner from opportunists.
Oobac provides a nominee service that fulfills the necessary requirements for this system. With our thorough screening process, we can guarantee that our nominees will do only what´s necessary in a transaction.
Oobac ensures that the nominee is a non-resident in your locality. This is an important detail in nominee services. For more information, please see the following corner:
Risks of Using a Resident Nominee
Nominees are made sure not to reside in high-security countries who may question their activities so that they can provide your information their protection.
Nominee information, in turn, cannot be disclosed freely until you avail of the service.
You may use a nominee to open bank accounts around the world (given that these banks accept nominees). This way, your assets are doubly secure by maintaining your rights to your account.
Oobac may facilitate your application to any of the following banks:
The Nominee Service is completely legal.
However, legal systems around the world vary. While many recognize this service, nominees can never open accounts in countries who don´t accept this kind of procedure.
Oobac always respects the laws of a jurisdiction and will never bend rules. We seek only to provide you with opportunities to grow as a company.