Nominee shareholder for 1 year

A nominee shareholder is a person or entity that holds shares on behalf of another person or entity, known as the beneficial owner. The nominee shareholder's name is listed as the registered shareholder on the company's share register, but the beneficial owner retains all the rights and benefits of ownership, such as voting rights and entitlement to dividends.

The use of a nominee shareholder can be beneficial in certain circumstances, such as maintaining anonymity or confidentiality of the beneficial owner, or facilitating the transfer of ownership of shares.

If a person or entity wishes to use a nominee shareholder, they typically enter into a nominee agreement with the nominee shareholder, which outlines the terms of the arrangement and the rights and responsibilities of each party. The nominee agreement may include provisions related to the duration of the arrangement, the transfer of shares, and the payment of fees for the services of the nominee shareholder.

If a nominee shareholder is used for a period of one year, it is important to ensure that the arrangement is properly documented and that the nominee shareholder is authorized to act on behalf of the beneficial owner during that time. At the end of the one-year period, the beneficial owner may choose to continue the arrangement with the nominee shareholder, transfer the shares to another party, or take other actions related to their ownership of the shares.

Img (11)

Company incorporation

March 24, 2023

Company incorporation refers to the process of legally creating a new corporation or company. This process involves registering the business with the relevant government authorities and obtaining the necessary licenses and permits to operate legally. The specific steps required to incorporate a company vary by jurisdiction, but generally include the following: The process of incorporating […]

Read more
Img (10)

Registration certificate

March 24, 2023

The register of directors typically includes the following information: In general, a registration certificate may include the following information: Other details: The registration certificate may include other information such as the nature of the business, the names of the owners or directors, and the date of expiration or renewal. A registration certificate is typically required […]

Read more
Img (9)

Company Formation & Registration

March 24, 2023

Company formation and registration is the process of legally creating a new business entity and registering it with the appropriate government agency. This process typically involves several steps, which may vary depending on the jurisdiction and type of business entity being formed. Here are some common steps involved in company formation and registration: Once your […]

Read more