BVI Nominee Shareholder Service

Nominee Shareholder in the British Virgin Islands

Our nominee services offer carefully structured arrangements that keep your personal information off the public record while ensuring full legality. We offer three types of nominee, Nominee Director, Nominee Shareholder and Nominee Company Secretary. These services all differ slightly, but in each case the nominees name is filed with the Companies Registry so that any person carrying out a company search would see the nominees name and not our clients. We will handle any signing of documents on your instruction.

A nominee shareholder is an unrelated third party, who is officially registered as the holder of shares in an offshore company. The purpose of the nominee shareholder is to uphold client secrecy by shielding the actual owner of the company from being publicly associated with that particular offshore company. In a nominee shareholder situation, a confidential legal document (a declaration of trust, a deed of transfer, a nominee services agreement or another similar document) would be issued by the nominee and held by the beneficial owner. Such confidential document would evidence the actual state of affairs – namely, that the shares are only held by the nominee for and on behalf of the beneficial owner, and that only the beneficial owner has the right to dispose of those shares and is entitled to all benefits and profits deriving from those shares.

We can act as a nominee shareholder of your company. We hold the shares on your behalf. Our Nominee Shareholders Agreement would serve the purpose of ensuring that your identity as Beneficial Owner is only known to us. An original Share Transfer Form signed by us, but undated, will be issued to you, so that you can have the security of being able to transfer the shares at any time.

There are also several options for company shareholders: beneficial owner may be direct shareholder of the company, or he can use the services of nominee shareholders. Being a direct shareholder of an offshore company may also reduce the level of confidentiality. Nominee shareholder may be involved in order to conceal the direct relationship with the offshore company. Nominee shareholder does not perform so many functions as the Company Manager (Director), so the nominee shareholding service may be provided directly.

At the time of registration the BVI Business Company always has one incorporator – that is an initial shareholder for a minimum amount of shares. The service of incorporator is provided by the Registered Agent (it may be Coddan). After that the shares in the Business Company may be issued and transferred to any further shareholders according to the wishes of the beneficial owner. Also, the shares may remain registered onto the initial Incorporator; then he would continue to act as Nominee Shareholder. Nominee Shareholder may hold shares for several beneficial owners at once.

The relationship between a Nominee Shareholder and the actual owner of the offshore company may normally be confirmed by appropriate declarations of trust. This would allow the owner at any moment to confirm his ownership of the company.

Coddan are licensed to provide nominee shareholder services in the BVI. You can order these services directly when ordering your BVI Business Company. Coddan can provide a nominee company director, shareholder and secretary for your private limited company or for your limited liability partnership. Our annual fee includes the cost of processing the company's Annual Return each year. Our one off fee is all-inclusive for the 12-month period with no hidden charges. Our fee for providing a nominee shareholder is £110 per year.

BVI Nominee Shareholder - £110.00

• A nominee is normally a company created for the purpose of holding shares and other securities on behalf of investors.
• Coddan will act as Nominee Company Shareholder for limited companies on an annual basis.
• Companies may also wish to keep secret their ownership of development companies, for valid commercial reasons.
• The nominee shareholder will execute a declaration of trust in favour of the true owner of the shares in which it agrees to exercise all voting rights and otherwise deal with the shares only in accordance with the instructions of the beneficial owner.
• The name of the nominee shareholder then appears on all public records relating to the shareholding.
• If signatures or verification documents are required extra charges will apply.

Order Nominee Shareholder Service in the BVI: BVI Nominee Shareholder - £110.00

Please contact us for more information. If you have any queries, please call us during business hours and speak to one of our highly trained incorporation specialists. You can call us by phone 800-081-1510 or + 44 (0) 207.935.5171, or make an initial consultation request.