COMPANY EXPRESS Israel provides a full nominee director and shareholders services to insure the highest degree of privacy and confidentiality as is often required by its clients.
The laws in various countries require that information pertaining to company directors and/or company shareholders is registered in publically-accessible files of the Companies Registry in the chosen country. Therefore the use of nominee directors and/or nominee shareholders is required to provide the client with the anonymity and confidentiality they require.
Third party directors with resident status in a fiscally neutral country are used in order to ensure that the offshore cannot be considered as a resident for taxation purposes and therefore will not be prone to taxation at a local rate on worldwide income in countries with onshore legislation.
Furthermore, it should be noted that the anonymity and confidentiality of the client can be compromised if the client signs legal and business documents as a company director or shareholder.
The essence of the nominee service is that it is the names of the nominee directors and/or shareholders that are indicated in all corporate documentation, according to their designation, thus ensuring that the names of the company’s beneficial owners are not disclosed to the Companies Registry, providing the client with the utmost anonymity and confidentiality.
It is imperative to understand that at no point the appointed nominee directors/shareholders are entitled to manage the company. The nominee provides the beneficial owner of the company with a Power of Attorney empowering them to run the business, manage all company activities and operate the company’s bank account.