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Nominee director in Cyprus vs nominee director in Bulgaria

Hermana

Active Member
May 26, 2021
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After doing some research it seems like these are my two best options.

Any pro's con's for working with a nominee director for both countries?
It comes across that a nominee director in Bulgaria is more shady. Not recommended?
A nominee director in Cyprus seems more common. Safer?

Any thoughts on this?
 
What exactly is your initial question, I get confused?

Do you setup a Cyprus company since you consider Cyprus at all?
 
If Cyprus or Bulgaria is the best choice for a company with a nominee director.
Or another country (in Europe).
The use of nominee directors in Cyprus is very common, I note however, that you should use a law firm for this, and not just a service provider that offers online assistance with very low prices, as these are usually dodgy. Use a law firm to be on the safe side.
 
Also dodgy, but more expensive? :)
Cyprus law firms are regulated by the Cyprus Bar Association, they are liable for any negligent etc action they take, so going with a law firm is much safer. Of course if you prefer to save money and use a random online provider you can do that knowing that you are undertaking the relevant risk connected to this decision.
 

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