A nominee director is a person or company who agrees to be listed as a principal office of a business even though they will have little or no involvement in the actual running of that company.<\/p>\n
Using a Nominee Director to Protect Identity<\/p>\n
The principal reason why a nominee director is typically used in a company would be to protect the identity of the person who wishes to run the business.<\/p>\n
Nominee directors are often used in conjunction with a nominee secretary and a nominee shareholder.<\/p>\n
This is because there would be little point of protecting the identity of the person running the company if that same person were shown as the sole or major shareholder.<\/p>\n
Full Nominee Structure<\/p>\n
In cases where a full nominee structure is applied when setting up a company (director, secretary, and shareholder), the same rules state that where there is a sole director, the secretary would have to be another separate person or company also apply.<\/p>\n
There would therefore have to be at least two persons (actual people or companies) engaged.<\/p>\n","protected":false},"excerpt":{"rendered":"
USA Nominee Director<\/p>\n
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