Thursday, 27 December 2012

How is a nominee Director while incorporating a Offshore Company


How is a nominee Director while incorporating a Offshore Company

A nominee executive is a third party provided by us to be registered as the director of the company. On his appointment at the first meeting of the subscribers to appoint the board, an undated letter of resignation is signed by the nominee director and can be executed by the beneficial owner at any time he wishes. The nominee director also provides the beneficial owner or other person (who the beneficial owner may appoint) with a general (POA) Power of Attorney which vests total authority and control in this person over the affairs of the company.


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