Nominee shareholder for offshore company, UAE | Helpful Definitions

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Category: Offshore Dictionary

Nominee shareholders for offshore company in UAE (Link to N 2 and other countries are the shareholders being nominated within the company incorporation procedure as the company registered shareholders (registered in the companies registry) whereby such nominee shareholder effectively does not have any rights on the offshore company whatsoever.
Appointment of nominee shareholder is done for the purpose of protecting the confidentiality and privacy of the information on the beneficial owners of the company. When appointed as the nominee shareholder of the offshore company such nominee shareholder signs the respective declarations that he acts solely as the nominee and does not have any rights whatsoever on the offshore company. Along with such declaration nominee shareholder also regularly signs undated shares transfer form to the beneficial owner thus, at any point of time, if the beneficial owner wants to transfer the company ownership to his name, such re-registration can be easily done.
Nominee shareholder is commonly appointed within incorporation of the offshore companies in the typical offshore jurisdiction such as Seychelles, British Virgin Islands, Panama, Belize, etc. as well as, in some cases, within incorporation of the offshore and onshore companies in UAE.
Nominee shareholders can be appointed in the UAE offshore company as well as the onshore ones, whereby such nomination and the respective registration in the company documents, under consideration of some specifics of the UAE laws and regulations, shall be executed with due caution. This is due to the fact that there are no clear regulations in the UAE on the nominee shareholders.
If you need to incorporate the new offshore or onshore company in the UAE with the nominee shareholder or nominee director please send us your online request.

In addition to the companies in the UAE, we also incorporate offshore companies with full nominee service (shareholder and director) in other international jurisdictions. If having the nominee director and shareholder is indispensable and you have no particular restrictions within the choice of jurisdiction, we also offer incorporation of offshore companies in other countries in which the services of nominee shareholders and their rights, responsibilities, and limitations of rights are clearly defined in the law and may be easily applied in practice.