The usability of offshore entities is widespread in Seychelles due to tax flexibility and anonymity benefits. And even though the anonymity experience happens to be a changing value, the practice of nominee director service remains relatively unaltered and still very popular.
When you need to start an offshore company in Seychelles, the businessman is often asked by customers to provide their newly registered offshore entity with nominee directors or shareholder's services. So, let's learn more about the nominee director service.
Who Is a Nominee Director in Seychelles?
A nominee director in Seychelles is an individual who has been appointed by the original owners/buyers of the organization. The main aim of the Seychelles nominee director is to adhere to and fulfill the entity's legal requirements and secure the identification of the same.
When registering your offshore company in Seychelles, a nominee director is the most suited solution. They would portray the company in all formal proceedings. The nominee director can also arrive at all corporate meetings as and when required. In short, the nominee directors in Seychelles designated have all the responsibilities and are responsible for making decisions for the organization in the eyes of the law.
What Is Nominee Service?
We use a management tool called nominee service to appoint the nominee director or your company's official person. The nominee service would be the best bet for those who are not local residents of Seychelles but wish to have a private company registered in the jurisdiction. The person designated would act as the local partner and have the provision to appear on behalf of the company's original owners. If you want to learn more, here is our latest guide on How to Start a Seychelles IBC.
Why Would You Require Nominee Services in Seychelles?
In order to have a local business partner in Seychelles, nominee services are the best solution. We have years of experience helping business organizations find a suitable nominee director for their private entity. Having a nominee director in Seychelles is quite beneficial in multiple ways:
For any reason, if the company's beneficial owner fails to visit Seychelles, the nominee director can appear at the forefront to assist with business decisions. Whether it is about signing documents or executing important decisions, the nominee director will have a total say over it.
- A nominee director in Seychelles works on behalf of the beneficiary owner and would be the local partner of the entity.
- The nominee director helps protect the real owner's identity from non-governmental entities.
- A nominee director in Seychelles is a must if the law enforces you to have a specific number of members.
- In case you wish to move your organizational assets, the nominee director in Seychelles would get the job done for you.
Benefits of a Nominee Director in Seychelles
One can gain a considerable number of benefits by utilizing a nominee director service. A few of these are as mentioned below:
- Having a nominee director would help you operate a private organization without any issues.
- Doesn't require any documents to be submitted to the government authorities.
- Easier to open a corporate bank account in Seychelles.
- Don't bother about availing of local assistance.
- A power of attorney lies in the hands of the original owner.
In short, availing nominee directors' services in Seychelles is a complete necessity for incorporating an offshore business in Seychelles. Without hiring a nominee director, it will be nearly impossible for a newbie or a foreigner to conduct business in the nation. Furthermore, hiring a nominee director would also require expertise and trust, as he would have access to crucial data about the entity, which in the wrong hands, could lead to the downfall of the entity. Thus, it would be highly preferred that the services are hired from a certified and trustworthy source. Look no further if you are searching to hire a nominee director in Seychelles.
Why Choose Us
Business Setup Worldwide would help you start an offshore business in Seychelles and help you by providing various other corporate secretarial services. We would be taking care of all the procedures needed for setting up a business, leaving you free to focus appropriately on the entity's future growth. Contact us for any information on our services – we would be glad to help!