What is a Nominee Director and Why do I Need Him?
A Nominee Director is a director, who doesn’t do any actual controlling of a company, but only acts by instructions of the beneficiary of a company, with whom he is connected by contractual relationship. Often the services of nominal owners are used in offshore companies to secure confidentiality of the beneficiaries. Unlike the term “nominee shareholder”, the expression “nominee director” is not judicially correct, as judicially the director of a company in any case has all the rights and is fully responsible for the actions of a company, as it is anticipated by the law and constituent documents of a company.
