What is a nominee shareholder?

/What is a nominee shareholder?

What is a nominee shareholder?

A nominee shareholder may be corporate or individual and merely takes the place of the true shareholder on corporate documents and applications helping to maintain an extra level of privacy.  Sterling does not utilize third parties for this purpose and generally utilizes a wholly owned corporate body for this purpose.  The true beneficial owner receives a Declaration of Trust ensuring that it is clear the nominee has no beneficial interest in the shares and must only act on direct instruction of the beneficial owner.

A particularly attractive alternative to the nominee shareholder for private clients is to set up an an offshore private foundation or offshore trust to hold the shares of the offshore company.

By | 2016-10-29T17:17:31+00:00 August 14th, 2014|0 Comments

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