Thinking of setting up Cypriot Ltd for developing software. It seems I'd have to use Nominee Director services to make company tax resident in Cyprus.
I'm going to be a real 100% UBO and the direct owner of shares though.
1. Am I able to sign agreements on behalf of company without signature of the Nominee?
2. Is there a chance that Nominee Director may double cross me and take over the company with intellectual property assigned to it? How to prevent it from happening?
3. Will Nominee Director have access to business bank accounts?
4. Would I be able to remove the Nominee Director without his consent?
5. Do I have the right to open EMI business accounts under my name without Nominee knowing about it?
Would really appreciate any help guys.
I'm going to be a real 100% UBO and the direct owner of shares though.
1. Am I able to sign agreements on behalf of company without signature of the Nominee?
2. Is there a chance that Nominee Director may double cross me and take over the company with intellectual property assigned to it? How to prevent it from happening?
3. Will Nominee Director have access to business bank accounts?
4. Would I be able to remove the Nominee Director without his consent?
5. Do I have the right to open EMI business accounts under my name without Nominee knowing about it?
Would really appreciate any help guys.