What is the difference between a registered shareholder and a nominee shareholder?
A registered shareholder is the beneficial (real) owner whose name is recorded on the share certificate and in the Register of Shares as the owner of the allotted shares. A nominee shareholder is when the beneficial owner chooses not to have his/her name on the share certificate or in the share register. We supply a third party to be the nominee for the real owner. The nominee appears on the certificate and in the register, in return the nominee signs a Declaration of Trust to the beneficial owner giving up any right to exercise any powers over the shares including voting rights or the right to sell or transfer these shares. The nominee shareholder is used where the Companies Registry may be open to public scrutiny or if the owner requires a deeper sense of privacy.
A registered shareholder is the beneficial (real) owner who records his name on the share certificate and in the Register of Shares as the owner of the allotted shares. If you choose not to have your name on the share certificate or in the share register as the beneficial owner, we can supply a third party to act as a nominee shareholder on your behalf. Then, although the nominee’s name appears on the certificate and in the register, real ownership remains with you because the nominee signs a Declaration of Trust giving up voting rights or the right to sell or transfer the shares. The nominee shareholder is used where the Companies Registry may be open to public scrutiny, or if the beneficial owner requires a greater degree of privacy. Our company offers this service free of charge.
A registered shareholder is when the beneficial (real) owner records his/her name on the share certificate and in the Register of Shares as the owner of the allotted shares. A nominee shareholder is when the beneficial owner chooses not to have his/her name on the share certificate or in the share register; we supply a third party to be the nominee for the real owner. The nominee appears on the certificate and in the register, in return the nominee signs a Declaration of Trust to the beneficial owner giving up any right to exercise any powers over the shares including voting rights or the right to sell or transfer these shares. The nominee shareholder is used where the Companies Registry may be open to public scrutiny or if the owner requires a deeper sense of privacy. Our company offers this service free of charge.
Registered shareholder: when the beneficial (real) owner records his/her name on the share certificate and in the Register of Shares, as the owner of the allotted shares. Nominee shareholder: when the beneficial owner chooses not to have his/her name on the share certificate or in the share register. Then, the third becomes a nominee for the real owner. The nominee appears on the certificate and in the register, in return the nominee signs a Declaration of Trust to the beneficial owner, giving up any right to exercise any powers over the shares, including voting rights or the right to sell or transfer these shares. The nominee shareholder is used where the Companies Registry may be open to public scrutiny, or if the owner requires maximum privacy level.