Nominee Shareholders are shareholders you can appoint by contract to ensure your personal information´s security.
During incorporation, a shareholder is required together with a director. This is where the nominee shareholder steps in.
Please read up further on the Nominee Director here.
About Nominee Shareholder
The Nominee Shareholder is a stakeholder of the company. You can use a nominee in certain countries wherein this system is recognized as legal.
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:
- Delaware Company
- UK Company
- Hong Kong Company
- Belize Company
- Nevada Company
- British Virgin Island Company
- Seychelles Company
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 Declaration of Trust is a legal document issued to protect the rights of your shares.
Used with the Nominee Director
The Nominee Shareholder must be used with the Nominee Director. Both representatives are required to submit information -- if you use your personal details as a director to register your company, then the purpose of the Nominee Shareholder is lost. For further details on the Nominee Director, kindly visit the below link:
Price:350.00 EUR (515.97 CAD)
Courier fee: 70EUR (103.19 CAD)
Security
The use of the Nominee Shareholder´s information instead of your own gives you protection and security. Any required documents will be provided by the Nominee Shareholder, 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.
Declaration of Trust
The Declaration of Trust is a document issued to guarantee and protect the rights of your company shares will transfer back to you upon the completion of tasks by the Nominee Shareholder.
This document declares your full ownership of company shares.
Reliability of the Nominee Shareholder
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.
Nominee Nationality
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.
Is this legal?
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.
The Renewal Process
Once a company has been incorporated by a nominee, the same nominee must also be the one who renews the contract per year. Note that nominee fees are charged per service and the contract is terminated if payment is not given.
Of course, a nominee can be terminated at any time. Simply contact us and we shall try our best to fulfill your wishes quickly.
Risks in Using a Nominee
Using a nominee who lives in the same country as your residency or as the country in which you wish to incorporate the company, may produce high-risk results. Taxes and criminal laws will have to apply to both you and the nominee if he lives in the same country.
This is why Oobac makes the extra effort to ensure that the nominee is selected from a country that has a flexible regulation and allows its residents to provide nominee services. Please note it is different from the local director or shareholder services. In some countries, you may need local directors and shareholders as a part of the company structure. In this case, Oobac makes sure that everything is according to regulation and safe.
Nominee Directors
A company needs not only a Nominee Shareholder, but also a Nominee Director these days for added security. This service is also offered. For more details, visit the following link:
