Nominee Services
According to the UAE law, a local sponsor must fulfil a specific corporate role in a mainland company. They can act as Nominee Directors, shareholders or any other role but practice of executive rights in the company will be as per the directives agreed in the Power of attorney. We provide assistance in hiring qualified nominee director/shareholder to ensure complete compliance and transparency with UAE regulations.
There are different purposes for Nominee Services.
- To Register a Mainland company
A local partner or agent is mandatory while registering for a Mainland Company, so the Availing of Nominee Services fulfils the requirement.
- To Comply with ESR
As ESR has been made mandatory in UAE, providing a Nominee director/shareholder helps prove ESR and establish that the company Is managed in UAE.
Benefits Of Using Nominee Services
√ Availing Nominee directors or shareholders can result in substantial benefits to your Business.
√ The role of the Nominee director is restricted only to business incorporation and does not hold any practical power over the business.
√ Different Offshore jurisdictions might have different tax system, and if Nominee director is a tax resident, it will have its benefits.