The nominee shareholder service is for clients seeking confidentiality of ownership.
A nominee shareholder is a company created for holding shares on behalf of investors. The nominee is not the legal owner of the shares, and the underlying investors have the beneficial interest in the shares.
Upon taking on the duties of Nominee Shareholder, we hold your shares on trust in the form of a Nominee Shareholders Agreement. The agreement would serve the purpose of ensuring that your identity as beneficial owner is only known to us and not put on public record.
A share transfer form signed by us and undated will be issued to you, so that you can have the security of being able to transfer the shares at any time.
We will draw up a Declaration of Trust in favour of the beneficial owner, which provides that we will vote the shares in accordance with the nominee’s instructions; and will assign all profits payable on the shares to the beneficial owner.
I hereby declare and acknowledge that I hold my interest in the share capital of registered in my name as well as any additional share capital in the company that may be allotted or transferred to me upon trust for absolutely.
I have handed to you a share transfer form executed by me in blank in respect of the above holding. You are at liberty at any time to complete and deliver the said share transfer forms in favour of and to such person or persons as you may think fit.
I undertake to pay you all dividends, bonuses and other payments received by me in respect of the above shareholding and to vote in respect thereof at all meetings of the company and to exercise all other rights in connection therewith as you may from time to time direct.
Signed Sealed and Delivered by the said
in the presence of:-
Signature of witness