https://www.belize-offshore.info/en/nominee-services.html

Nominee services are a means of shielding the financial interests of one party by hiring another individual or business entity to represent them. Nominee services provide a way to mask one's ownership or participation in a business, ownership of shares, or other assets. While people enlist nominee services for various reasons, the most prevalent reason is to keep financial investments and asset ownership information private.

Success can bring many friends, but it can also attract enemies. If you want to spare your business or investments from being targeted by your competitors and detractors, shielding involvement and ownership through a nominee service is a prudent idea. The use of nominee services is also wise if you want to buy assets without raising undue attention from other individuals or businesses.

Some people assume that if you use nominee services, you are engaging in some form of illicit activity—this is far from the truth. Various major corporations use nominee services as a strategy to protect assets from litigation, mask involvement in potential acquisitions, and legally reduce exposure to taxes, among other reasons. Imagine that a large company like Toscana Travel was in the market for a small, yet growing firm with public ownership. Because of the direct and known involvement of Toscana Travel in the bid, the company's share prices would skyrocket through the ceiling. Imagine, however, if Toscana Travel opened a Belizean company with an uncommon name and employed a nominee service to register legal directors and shareholders on its behalf. If the surrogate company purchased the target company for Toscana Travel, they could buy the target company at a cheaper price because no one would know about Toscana Travel's involvement and the share prices of the target company would remain level. Luckily, you don't have to be a company the size of Toscana Travel to take advantage of such techniques.

Mantis Law Lawyers in Paphos, Cyprus > Nominee Services

Nominee services are used as a legal and legitimate way to ensure confidentiality of personal details, to protect your personal information and your business activities.

Mantis & Athinodorou LLC provides professional nominee services in order to facilitate confidentiality for your business thereby securing your corporate and financial privacy and anonymity. We are committed to providing first class support and have extensive knowledge and experience in order to provide an outstanding service. We undertake to act on behalf of our clients as trustees or nominees as requested.

Our annual nominee services include but are not limited to:

Provision of directors

For clients to be able to enjoy the tax benefits associated with registering a company in Cyprus, it should be evident that the management and control of their company is in Cyprus. A key factor in determining this requirement is whether the directors are resident in Cyprus and the management decisions of the company are taken in Cyprus.

How the process works:

Mantis & Athinodorou LLC provides professional directorship services to companies who wish to benefit from the Cypriot tax regime. All necessary documentary safeguards are taken in order to secure that the appointed director does not have any rights over the company and will only act on your instructions. Furthermore, the appointed nominee director is not entitled to manage the company or enter into any business contract or any financial contract therefore the beneficial owner retains full control over the company.

Provision of secretary

Mantis & Athinodorou LLC is able to provide secretarial services to companies. The secretary shall maintain the company’s statutory registers and records in accordance with the standards imposed by the laws of Cyprus. The secretary shall act under the instructions of the board of directors and shall prepare and file all statutory forms, resolutions, annual returns with the Registrar of Companies.

Provision of shareholders

The Cypriot legal regime allows anonymity to owners of shares who do not wish to appear as registered shareholders of the company. As the identities of shareholders are public records and can be identified by undertaking a company search, in order to retain privacy it is common practice to use nominee shareholders to maintain complete confidentiality of ownership. The name of the nominee shareholder will appear on public records and not the name of the beneficial owner. Mantis & Athinodorou LLC offers nominee shareholder services, whilst the actual ownership of the shares rests with the beneficial owners.