Nominee's in the U.K

[Dubsize]

Hi,

is it legal to use Nominee's for a UK LTD?

if yes, does it fully protect ID of UBO, or is there a way to get to UBO ?

thanks
Dub

 

[diablo]

How do you mean protect? towards bank account opening, towards creditors or ?

 

[Dubsize]

How do you mean protect? towards bank account opening, towards creditors or ?

Just making sure that if I use a nominee there is no way to get to UBO.
I don’t think opening a bank account in UK is an option as I’m not UK resident.

 

[superman]

Sure it's legal.
You will not be published in any public register.
But you're still the BO. The Bank will know you.

What youre looking for is probably a fiduciary service that act as BO too.

 

[Dubsize]

thank you all for your help.

I found the answer:

In the U.K even if using a nominee service, as UBO you still appear in public register under PSC (person with significant control)

so there is no way to be completely hidden

 

[CoinMaster]

Who would like to hide in the UK ?!

 

[Okanda Fernando]

of course, you can

 

[Emily Rimlins]

The best thing to do would be to pay someone you trust to be the "face" in everything. This way you are never seen but have access to Bank accounts and profits etc but never appear anywhere...