Nominee Director and Shareholder Services
Welcome to Fletcher Kennedy Company Services, we provide a comprehensive range of company services, including nominee directors and shareholders for companies registered in the United Kingdom and international companies registered Worldwide.
Our Services
Fletcher Kennedy have been providing nominee director and shareholder services to UK and International clients for 20 years.
We provide nominee director and shareholder services to both new and existing UK Companies. Whether you need nominees for privacy or to show a local presence, we can offer UK residents to act as your nominee.
If you require a nominee for an international corporation, we have both EU and UK residents available.
Nominee Director
It is a legal requirement in the United Kingdom and many other jurisdictions for limited companies to have at least one director. Corporate directors are allowed, however the company must have at least one person acting as director.
What is a Nominee Director?
A nominee director is a person who agrees to become an officer of a company even though they will have no involvement in the actual operation of the company.
Unless specifically requested, most nominee director services are passive. This means that despite being an officer of the company, the nominee director cannot manage the company. He or she is only allowed to act based on instructions given by the Ultimate Beneficial Owner (UBO) of the company.
Why use a Nominee Director?
Local Resident Director – Although in most regions it is not a Government requirement to have a local resident director, there are many occasions where it is practical to appoint a local resident as a director of the company. We provide EU and UK residents to fulfil this role.
Privacy – The basic function of the Nominee is to shield working executives of Limited and other companies from the public disclosure requirements that exist in many jurisdictions. It is a perfectly legal device which preserves the privacy of an individual. It serves a person who would rather not disclose their interest with a company.
Duties of a Nominee Director
The nominee’s duty is to carry out the wishes of the business owner.
A nominee director must only act on your instructions and cannot, nor will not make any decisions independently.
Our nominee agreement defines this.
The nominee director agreement confirms that control of the company remains with the beneficial owner.
How our Nominee Director Service works
A nominee director service can be extremely beneficial for business owners. It’s important to note that although the appointed nominees may not be entitled to manage the company, their names will appear in the corporate documentation. To ensure the owner has complete control over their business, a Power of Attorney is provided. This empowers them to manage the company’s activities, run the business and operate the company’s bank accounts. As with any service, there are limitations to the function of the Nominee Director. Essentially, the nominee is a director in name only and will not have any other powers or responsibilities. Because the address of the nominee will be provided by the nominee director service provider, it’s likely that they will receive correspondence. We will take care of forwarding these documents, ensuring that all parties involved are kept up-to-date.
Nominee Shareholder
When a beneficial owner does not wish to disclose their ownership, nominee shareholders are a useful tool. Limited companies must have at least one shareholder. In the United Kingdom and many other jurisdictions the name of the shareholder is on public record.
Our Nominee Shareholder Service
We offer a nominee shareholder service which works in the following way. We appoint a nominee to hold shares in trust upon your behalf. Then we issue the beneficial owner with a declaration of trust confirming that the shares are held in name only. The nominee shareholder can be a person or a corporation.
Nominee Director
Provision of a UK resident director, including preparation of nominee director agreements and power of attorney.
£750.00 / year
Nominee Shareholder
Provision of a UK resident shareholder, including preparation of declaration of trust and share transfer documents.
£580.00 / year
Nominee Director & Shareholder
A combined package of both nominee director and nominee shareholder. Nominee agreements, power of attorney, declaration of trust.
£1,330.00 / year
UK Company Formation
We provide nominee director shareholder services to both new and existing companies.
If the company that you require services for has not yet been incorporated, we can offer you our fast UK Company Formation service.
Within a few hours we can register your company and provide a registered office.
Registration of a UK Company which includes checking name availability and suitability, preparation of company documents, appointment of directors and shareholder, unlimited advice
The Company must have a registered office within the United Kingdom. This is the official address of the Company, it does not have to be a trading address, and the company does not have to maintain a presence at the address.
Frequently Asked Questions
Here you will find answers to the questions that we are most frequently asked. If you cannot see the answer to your question, or if you require further information, please contact us.
Local Resident Director – Although in most regions it is not a Government requirement to have a local resident director, there are many occasions where it is practical to appoint a local resident as a director of the company. We provide EU and UK residents to fulfil this role.
Privacy – The basic function of the Nominee is to shield working executives of Limited and other companies from the public disclosure requirements that exist in many jurisdictions. It is a perfectly legal device which preserves the privacy of an individual. It serves a person who would rather not disclose their interest with a company.
Nominee director services are typically passive, which means that they cannot manage the company unless specifically requested to do so. Instead, they are there to act based on instructions given by the Ultimate Beneficial Owner (UBO) of the company. This means that the UBO retains full control and authority over the operations of the company while the nominee director serves as a figurehead or representative of the company.
Overall, the role of a nominee director can be an essential one for many companies, providing an added layer of protection and privacy while still maintaining effective management and decision-making processes.
We need you to provide us with the following;
- Copy of Beneficial Owners passport
- Copy of Beneficial Owners utility bill
- Information about the Company we are to provide a service for
The Nominee Director will provide the following documents;
- Nominee Director agreement
- Power of Attorney
- Photo ID
- Copy Utility Bill
Yes when providing nominee director services, a power of attorney is included.
We provide the owner with a Power of Attorney empowering him or her to run the business, manage the company’s activities and open and operate the company’s bank accounts.
A Power of Attorney is a legal instrument that is used to delegate legal authority to another. The person who signs (executes) a Power of Attorney is called the Principal. The power of Attorney gives legal authority to another person (called an Agent or Attorney-in-Fact) to make property, financial and other legal decisions for the Principal.
A Principal can give an Agent broad legal authority, or very limited authority. The Power of Attorney is frequently used to help in the event of a Principal’s illness or disability, or in legal transactions where the principal cannot be present to sign necessary legal documents.
The Nominee Shareholder will provide the following documents;
- Declaration of Trust
- Photo ID
- Copy Utility Bill
Once we have received your order, we can put the nominees in place within 24 hours.
Yes you can open a bank account using nominee directors. As part of the verification process banks need authorisation from the company director to open an account. Our nominees will assist and cooperate with the verification process.
In particular, nominee directors and shareholders can be especially useful for companies that need to satisfy legal requirements around having a local director or address. They can also help to provide an extra level of anonymity for those who wish to keep their involvement in a given business private.
If you’re considering using a nominee director or shareholder for your own company, it’s important to do your research and ensure that you’re using a reputable service that complies with all relevant laws and regulations in your jurisdiction. With the right approach, a nominee director or shareholder can be a valuable asset to your business that helps you achieve your goals more effectively and efficiently.
You can order either by completing our secure order form, or if you prefer use our quick payment form or contact us.
Nominee Director
Provision of a UK resident director, including preparation of nominee director agreements and power of attorney.
£750.00 / year
Nominee Shareholder
Provision of a UK resident shareholder, including preparation of declaration of trust and share transfer documents.
£580.00 / year
Nominee Director & Shareholder
A combined package of both nominee director and nominee shareholder. Nominee agreements, power of attorney, declaration of trust.
