It is a statutory requirement for a company to have appointed shareholders and directors with the number varying across jurisdictions. DesFran is able to advise with sound knowledge of different director and shareholder requirements. To enhance client confidentiality and assist in global trading and administration, DesFran also offers nominee director and shareholder services for offshore companies. A brief description of a nominee director and shareholder is as follows:
A nominee director is a company director whose role is passive. The nominee director assists the company in fulfilling its statutory obligations.
A nominee shareholder is an individual or company holding shares in a company for the benefit of another individual or company. A nominee shareholder is not the beneficial owner.