Our valued sponsors

Will I get troubles with an offshore bank if I use nominee director for my company?

Bank Accounts, Company Formations, Tax Planning, Residency Solutions, and more
CALL US ON +971 50 4467827 - TO SETUP YOUR NON-CRS COMPANY STRUCTURE IN DUBAI.

MiltonStone

Corporate Services
Mentor Group Gold
Apr 11, 2009
314
74
28
39
Wonder who is going to sign the application from the offshore bank if I have a nominee director for my offshore company?


Also if I want to open a brokerage bank account how can this be done in respect to the nominee services I have?


Will the nominees be the people which will sign for the company and are they then the account holders or will it be me in person if I have a power of attorney?
 
It depends on the bank and which offshore jurisdictions you choose, normally it is the apointed director of the company which is opening the account, sometimes it will be the beneficial owner of the company which will need to sign the application for the opening of the bank account.


In any case, it isn't an issue, as you mentioned, when you have a nominee director for your offshore company you will also have received a POA which will solve the issue.
 

Latest Threads