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Offshore? Why Nominated director of an offshore company

Nominated Director of an offshore company

What is a Nominee Director of an offshore company?

Director Nominee is a person to register the corporation and who is therefore in the public register as a local representative.

Once the corporation is created, it writes a full transfer of power and transfer of shares in your favor and thus concluded its function.

This document will then be certified by a notary and includes a footnote to the original is sent to the bank to ensure that you are the only beneficiary entitled to the society. Generally, the law firm responsible for creating the company was appointed as Nominee Director corporation.iStock_000004323139XSmall

His role
Ensure that the beneficial owner (you) meets its annual local bonds; namely, payment of the flat tax and the renewal of the residence of the registered office of the company. It has no operational role or decisive in society, this function only to preserve anonymity.

His powers
No operational power in society not given to it, he has no knowledge of the bank where the account is opened or signature or any right to access and view. The bank answered only to the orders of his economic beneficiary (you) who opened the account and designated as the sole signatory.

How to ensure that the Nominated Director has no authority over the account?
Once your account is opened, the bank will confirm in writing to request that you are the sole signatory and that the Director Nominated engaged in one simple mission representative has no right or power over the bank account.

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