
A nominee director can be appointed on behalf of an interested party. He/she acts as company director but in a passive role.
A nominee shareholder holds the legal title to the shares in a company on behalf of the beneficiary owner. He/she has no claim over the shares but his/her credentials appear for official registration purposes.
If you have opted for a Nominee Director, a Power of Attorney may be appointed to take decisions on behalf of the company
TIN is a unique identifier assigned to an offshore company, and is recommended if the company is not paying tax in another jurisdiction
It usually includes incorporation fees, registered agent service, and basic documentation support.
No, annual renewal fees are charged separately after the company is formed.
Yes, ongoing compliance, filings, and administrative support are billed as yearly services.
No, bank account assistance is provided as an additional service depending on requirements.
Yes, the final cost may vary depending on the type of business and any additional approvals if needed.
*The fee mentioned for nominee services is the base fee. The final fee may vary depending on several factors, including but not limited to the jurisdiction of incorporation, the proposed business activity, whether an individual or corporate nominee is required, and the nationality and residency of the Ultimate Beneficial Owner (UBO).
You may choose to open an offshore company and bank account in a jurisdiction of your choice. However, you have no obligation to select a bank from the abovementioned list and may opt for another bank of your choice. BSW is not proposing any banking services; we are proposing an introduction service that includes preparing the application form and business plan and submitting both files to the bank. Accepting the same is at the sole discretion of the bank authorities.
Bank account opening applications are subject to mandatory due diligence by the bank and clauses under national and international (FATF) standards, mainly to prevent money laundering. The content on this page must not be interpreted as a proposition to waive any due diligence or adherence to standards.