The responsibility for the activities of the company ultimately lies with the beneficial owner and is therefore required to accept this responsibility by signing this declaration which is held confidentially by the registered office. This confidentiality is protected by the law which provides for a fine of ­ 25,000 USD and/or a prison sentence of two years if confidential information is given out without a court order from the local courts.

A nominee Shareholder or Director is a third party who allows his/her name to be used in place of the real or beneficial owner and director of the company. The nominee is advised particularly in those jurisdictions where the names of the officers are part of a public record, open for anyone who cares to look can find out these identities. The name of the nominee will appear and ensure the privacy of the beneficial owner.

Yes you can and we offer the service. A shareholder and a director may be the same person (natural or corporate). In our opinion, you should use our nominee service because there is a public record of shares.

Clients normally do this for confidentiality purposes. In many jurisdictions, a register is held of all directors and shareholders which is available for public viewing.

a director or shareholder, Healy Consultants does legally control your company. However, in practice this control is not exercised as it is not in Healy Consultants’ interests to breach the trust of its clients by conducting deceitful activities. On the other hand, by becoming a director or shareholder Healy Consultants is exposed to risk should the company conduct unlawful business.

This is a professional you hired to serve as the management of the IBC. Their name would appear in most documents acting as the management of the company. The nominee Director may hold the Bearer Shares, since their name is used in all correspondence and obligations for the company, they need to know that someone is not out there putting the shares at risk in some way. For security reasons, various methods exist to limit the powers of the Nominee Director.

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 director is intended to simply facilitate the beneficial owner in matters of privacy. He is not intended to assist in the management of the company or sign documents and contracts on their behalf. There are exceptions where a nominee may sign certain standard documents such as contracts, invoices etc. which will have to be approved first. In jurisdictions where there is an open registry, the nominee director will appear on the documents in place of the beneficial owner.

Control over the company is gained through the General Power of Attorney signed by the nominee director to the beneficial owner or other person (who the beneficial owner may appoint), plus the undated letter of resignation of the nominee director can also be executed at any time the owner wishes to appoint himself or other person as a director.

The nominee is the only person with the right to the shares. The shares will be transmitted only in the nominee's name.

A Declaration of Trust from nominee shareholder to the beneficial owner is to ensure that nominee cannot use the shares in anyway without the express authority of the beneficial owner.

A Beneficial Owners Declaration (BOD) is a declaration by the beneficial owner of a company which provides the registered agent with information relevant to the owner's residence, career, present business activity, intended business activity through the company etc.

There is no statutory provision requiring directors to be shareholders. Unless the bylaws contain such a restrictions, a director does not have to be a shareholder.

Bacillus laterosporus BOD is a unique soil based organism (SBO) which has a strong inhibitory effect on a number of pathogens including the fungus candida albicans, and many bacterial pathogens including e. coli, salmonella and streptococcus faecalis. It was discovered in a pristine area of Iceland in the late 1980’s where it was responsible for the unusual health of local vegetables grown there and of the residents who consumed them.

Yes, Healy Consultants can provide both nominee director AND shareholder services, the fee for which is US$1,600.

No, the nominee director cannot manage your company. As an exception, the nominee director can sign a contract or invoice for an additional fee if the document is acceptable to us. We would need to review the contract first and if in our opinion it is a normal commercial contract, we will issue an invoice to you which when paid, we will sign the necessary documents. You will be required to send the documents to us by email, if we agree, we will invoice you.

The Nominee is the name added to the retention certificate when purchasing a personal number plate. The nominee name has to match exactly to the name that appears in the V5 log book of the vehicle you wish to assign your registration number to. If you are buying this number plate as a present, make sure you check what this name is. Mistakes can be rectified however a fee will be incurred.

Only an individual can be a nominee. A nominee shall not be a society, trust, body corporate, partnership firm, karta of Hindu Undivided Family or a power of attorney holder.