Corporate Nominee Service For All Your Corporation or LLC Requirements
We offer our Corporate Nominee Services to shareholders and business owners who would like to keep their name out of the company’s public records for one reason or the other.
What Is a Corporate Nominee?
Our service allows shareholders and company owners to keep their name and address off of public company registration records. Once you contract with us, our name(s) will be listed on all publicly-available records of your company, while you retain all your shareholding/ownership rights and powers.
The term “nominee” simply translates to “in name only” in the legal field. This means that corporate nominees do not own or control any shares or voting rights. These rights and powers remain with the original shareholder. Simply put, the nominee’s name is listed on all public records of the company, allowing the shareholder to continue with their business under the radar. As your corporate nominees, we also handle any official duties you assign to us.
Is This Legal?
You might be wondering whether keeping the names of a company’s owners/shareholders off the record is legal. According to state incorporation laws, every corporation must have directors and officers. These positions must be held by natural persons, who may or may not be shareholders.
As such, it is legal for you as a shareholder/owner of a company to appoint a nominee, who is not a shareholder, to hold any of these positions.
Reasons Why You Need A Corporate Nominee
Now that you have a clearer understanding of what this service entails, here are the main advantages of using one.
Every corporation must satisfy specific legal requirements during the registration process. To begin with, it must have at least one director, a president, and company secretary. If you are unable to fulfill this requirement, you can turn to our Corporate Nominee Services to ensure that all these positions are filled, and the legal requirements for the registration of your company are met.
It is also important to note that the law also sets out a number of legal formalities to be met by legally operational companies. A corporate nominee can help you meet annual shareholder and directors’ meetings requirements, in addition to drafting legally required resolutions of the board of directors.
By including their name in all public records of the company, corporate nominees make it possible for shareholders to keep their identity hidden from the public eye. If you are a shareholder or owner of a certain company, but have reasons to keep this a secret, then our Corporate Nominee Services are exactly what you need.
The best way to protect your wealth or assets from creditors or lawyers representing parties who have a legal grievance that may involve going after your assets is by using a corporate nominee. Without any public record of your ownership of company shares, or association with your own company, it becomes hard for anyone to go after your assets.
A corporate nominee is assigned by the shareholder who retains all their voting rights in that company in question. In case you as the shareholder want to remove the nominee from your company, all you need to do is vote them out, anytime.
You do not have to go through complicated legal processes to remove the corporate nominee as their relationship with the company is by name only.
Why Register the Corporate Nominee Agreement In Wyoming?
When setting up your corporate nominee, we encourage you to allow us to do so in the state of Wyoming. The state’s favorable corporate laws, especially when it comes to privacy and asset protection, work to your advantage. When registering your company in Wyoming, the law does not require you to provide information on company ownership, stock, or capital. To makes things even better as far as the a corporate nominee is concerned, the state’s statutes only require one name to be listed on public records. This means that you can list us as the name of your corporate nominee, and maintain your anonymity at the same time.
To meet statutory requirements, maintain your privacy, and retain total control of your company, contact us to learn more about our Corporate Nominee Services today.
Commercial Service Co. LLC
"When Instructions are Important,
We Deliver!"
© 2019 Corporate Courier