NOMINEE SERVICE IN EUROPE

With the worldwide globalization of legislation and stricter tax policies in developing and developed countries, all business and corporate governance tools are changing.

Nominee service is a useful tool for a company owner in Europe, as it allows to legally resolve the issue of residency and anonymity of the business, reduce the tax burden, and eliminate documentation conflicts. Its essence is to appoint natural or legal persons with a limited set of responsibilities to a managerial position or as a shareholder, who act in the interests of the beneficiary and on his instructions.

Nominee service as one of the tools for running a business also undergoes changes and limitations from year to year, but nevertheless it remains the optimal solution for many obstacles that stand in the way of businessmen.

WHAT IS A NOMINAL SERVICE AND WHY IT'S NEEDED?

A nominee service is primarily a service that includes providing special individuals or entities for appointment to a company's executive positions.

Nominee service can make it much easier to conduct business abroad. Nominee service helps businesses to reach the international market, the owners to get away from publicity and make the processes of company management convenient.

NOMINEE SHAREHOLDER SERVICES IN EUROPEAN JURISDICTIONS

A nominee shareholder is a formal holder of company shares, who is appointed by the real beneficiary and manages the assets, following his instructions, but has no ownership rights to them, nor to the firm's income. At any moment, when the real owner demands it, he must transfer the shares back or to a third party. A nominee shareholder, like a nominee director, may sign documents on behalf of the company, issue invoices, enter into contracts and make payments at the direction of the ultimate beneficial owner.

The nominee shareholder issues a trust declaration in which he confirms that he owns the shares for and on behalf of the beneficiary.

The reason for involving a nominee shareholder would be the desire of the true owner to keep confidential information about himself. Also in some jurisdictions there are requirements which relate to the residency of the shareholder. A legal or natural person may act in this capacity.

NOMINEE DIRECTOR SERVICES IN EUROPEAN JURISDICTIONS

A Nominee Director is an individual or legal entity who manages the company within the powers granted to him.

The scope of these powers is determined by the ultimate beneficial owner of the company. The director reports directly to the UBO and carries out all orders in the interest of the UBO. The legislation of some jurisdictions requires a local director for the company to run its business effectively

THE MAIN ADVANTAGES OF NOMINEE SERVISES:

• Tax benefits;
• Ability to comply with the law of the jurisdiction to the residence of the subjects of the corporate structure of the company;
• Confidentiality;
• The presence of a professional director indicates the high quality of management and enhances the reputation of the company.

OUR EXPERIENCE

Working with unverified firms and people can lead to negative consequences. The criminal or other history of the nominees may be hidden from you. We guarantee that our nominal services have transparent activities.

In order to ensure full legal protection, it is important to cooperate with a reliable company who values its reputation. Key2Law will help you find a nominee (director and/or shareholder) who is a citizen of the European country where you plan to set up business. In some jurisdictions it is possible to appoint both individuals and legal entities.

In order to get more information, please contact us using the feedback form or the contacts listed on the website.