Category Business and Law:

Nominee directors for companies

Nominee directors for companies

Nominee directors are persons who appear in the company's official documents as its managers, but do not actually take an active part in the management of the business. They may be appointed to comply with legal requirements, including to register a company in a particular jurisdiction, or to protect the real owners of the organization from possible risks and legal consequences. However, nominee directors may be limited to minimal duties or even perform only formal functions. Thus, nominee...

4 July 2024 :: 1628 views Read more...