Offshore company Incorporation Did you ever Consider Nominee Services or Appoint

Posted by GFA Trust on January 12th, 2021

As an entrepreneur, expanding your business is an obvious route if you want your business to grow. One way is by starting an offshore company. 

Most entrepreneurs firmly believe that the incorporation of an offshore company will be beneficial for their business, as they will earn numerous advantages such as tax benefits, anonymity, and more. But at the same time, there are several legal regulations that need to be followed for the smooth incorporation of the new entity. 

One of the strategies that you need to consider is the use of nominee services and the appointment of a nominee director or shareholder for your offshore company. 

Briefly, nominee services include the drafting of an agreement between two parties or more, that specifies amongst other the names of all parties involved, owner of the company, nominee director or shareholder etc. Nominee Services can be beneficial in numerous ways. 

· In some jurisdictions there is a complete anonymity of the owner’s company name. The nominee director acts on behalf of the owner, following the instruction of the owner. This practice makes the business operations easy and smooth.

· If the owner allows it the nominee director can also take some decisions on owner’s behalf. 

· If you can’t be physically present at the offshore location as the legal framework of the jurisdiction requires, having a nominee director can come in handy. 

· Also, some countries such as Sweden, Cyprus, the United Kingdom have made it mandatory to have a nominee director for any offshore business establishment. So, it would be beneficial to follow the legal requirements of these countries, if you are planning to start an offshore company. 

Nominee services are always in the best interests of your offshore company. So, if you are starting an offshore company, contact GFA Trust. 

GFA Trust is amongst the leading corporate, fiduciary, wealth management, and business services providers that can help your business expansion.The company provides services that aim the empowerment of businesses and individuals and promotes business development. 

Apart from excellent nominee services, GFA Trust also offers fund investments services in Cyprus, fiduciary services, tax services, and advisory services. 

The company covers numerous jurisdictions around the world such as Cyprus, Bahamas, British Virgin Islands (BVI), Singapore, and more. 

GFA Trust’s team consist of licensed and experienced professionals that have a thorough understanding of the international market law and regulations. By having GFA Trust by your side as corporate and fiduciary legal advisors will certainly be very beneficial for your company. You can contact at info@gfatrust.com

About GFA Trust:

GFA Trust is a leading company that provides fiduciary and corporate services such as GFA company formation, mergers and acquisitions services, and more.

For more information, visit Gfatrust.com/