Every company has a shareholder or even a few. This is a registered owner of the company’s shares and shares capital who usually acts as a company director as well. Shareholders’ names are publicly visible in the company register office. If for any reason you have been looking for a shareholder to act on your behalf and on your guidance, our nominee company shareholder service is what you need. Continue reading to learn more!
Who is a Nominee Company Shareholder?
It’s a no-brainer to understand who is a company nominee shareholder if you’re familiar with a position of a shareholder. A nominee company shareholder is someone who “lends” his name to be registered as the official holder of shares when in reality he only acts for the benefit of a real shareholder.
As usual, a nominee shareholder is a friend, a family member or a trusted person of an entrepreneur. This can also be a total stranger to whom business owners pay money to act as a publicly known holder of shares. To enable an authentic shareholder to retain shares back or to prevent the nominee from undesired actions, a nominee and an entrepreneur sign a special nominee shareholder agreement.
When you May Need a Nominee Company Shareholder Service
In general, there are two reasons why you may need a nominee company shareholder: you can either apply for a nominee shareholder voluntarily or be required to do it by law.
With voluntarily nominee shareholder assignment, things are pretty clear. You may apply for a nominee company shareholder when you do not want your name to appear in a public register.
The most relevant reason for a compelled registration is when the country of any shareholder is under sanctions. In this case, your company cannot operate if a shareholder is a national or resides in a sanctioned country. The brightest example of such a case is the recent sanctions against the nationals and legal faces of the Russian Federation
Benefits of Applying for Assigning a Nominee Shareholder with Chern & Co
It is affordable: we offer a budget-friendly option of assisting with assigning a nominee company director in Ireland. This is one of the most reasonable offers on the market and an excellent option in terms of the price-quality ratio. We charge an annual payment of €3000.
It will get you rid of the hassle: we are perfectly aware of all the legal requirements of appointing nominees in Ireland. Rest assured you will not have to worry about anything.
It is fast: our expertise and commitment allow us to deliver assistance with nominee assignments in Ireland within the fastest terms.
How is the Service Delivered
At Chern & Co, we believe in a fast and unproblematic service delivery process. Thus, check out a few super easy steps we take to assist you with assigning a nominee company shareholder!
- You leave an application and our managers contact you ASAP.
- We clarify the details and prepare an invoice for payment. You can pay in any convenient way.
- You fill out the documents and send scans electronically.
- Service is in progress. We seek a nominee shareholder or you seek a trustworthy person yourself.
- We prepare the documents and send them for your sign. We prepare two packages of documents including the reverse one. You and a nominee sign them so you can get your shares back any time when necessary
- Done! Your company now may not be afraid of sanctions or misconduct of nominee shareholders.
Nominee Shareholder Service by Chern & Co
For over 12 years, Chern & Co has been providing customers with superb assistance in managing their companies in Ireland. We will help you start your business route and supervise you as you decide to grow. Our strong customer support and dedication to your goals will ensure your positive experience with Chern & Co. Wait no longer to apply for our assistance with assigning a nominee company director!
If you have any questions left, feel free to contact us. We believe in a client-oriented approach and so our managers are open to inquiries. Chern & Co will help you select the best service for your business absolutely free of charge.
Disclaimer: The content of this page is for acquainting purposes only and is subject to change. It does not constitute any professional advice. No liability is accepted by Chern & Co for any actions taken or not taken in reliance on the information set out in this article. Professional, legal or tax advice should be obtained before taking or refraining from any action.
Nominee Company Shareholder Service
3000€ excl. VAT
Assistance with assigning a nominee shareholder for your Irish Ltd
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Frequently Asked Questions
Answers to Common Concerns
Why to Register a Company in Ireland?
Setting up a company in Ireland carries plenty of benefits. These are the smooth process of annual returns submission, low Ireland corporate tax rate (lowest in the EU), official documentation in English, access to the European market, the brilliant reputation of Ireland as a business-friendly country, availability of progressive and educated workforce.
Is it Dangerous to Assign a Nominal Director?
Yes, from the moment of the first trademark submission, it’s valid for 10 years and can be renewed indefinitely.
Can I Promote Goods and Services Under an Unregistered Trademark?
Yes, according to law, it is not mandatory to register a trademark. You can operate under an unregistered mark but in that case it would be more difficult and expensive to protect your rights for the mark in a court.
Can I Change the Specialization of My Company?
Yes, it is possible to change the specialization of your company en-route.
Can I Trade on Amazon with an Irish-registered Company?
Yes, we offer business-friendly packages for those who want to trade on Amazon for both European and US customers. We also help to pass the verification process on the marketplace.
Can I Close a Company?
Yes, this option is also possible, and we do provide this kind of service. In perfect circumstances, it takes around a month to close your company. A legal requirement is not to have large unpaid loans.