The primary and most obvious function of a nominee director is to identify the actual owner of the Seychelles Offshore Company from any publicly visible relationship with the company. This can be achieved at various levels, depending on the wishes and circumstances of the customer.

At the most basic level, the appointed External Director does not actively participate in the regular affairs of the IBC - he merely fills the position. This is best described by the term nominee director describe. In this case the customer (the owner of the company) actively and personally takes over the day-to-day business of the company. The day-to-day business can be appointed by special resolution or by an authorised representative as "representative" or "authorised representative" of the own company. In this procedure, the client signs all business correspondence, contract documents, invoices and company accounts with his own signature as if he were the director. In such a case, the participation of the nominee director would remain formal, for which none "accountability fee" would be charged.

In certain business situations, such a procedure may be acceptable, although active management by the client severely restricts its confidentiality. However, this can also lead to questions of management and control of the company being delegated not to the managing director but to the representative (i.e. the owner), with adverse personal and tax consequences for him. Therefore, a possibly stronger involvement of the nominee director would be necessary and beneficial.

In principle, the Nominee Director signs contracts and other legal business documents, exclusively and only these as requested by the beneficial owner.
The Nominee Director has otherwise none authorisations or powers, he can and will not become active itself, can none sign contracts or other business documents, none conduct business or initiate or expand business without the written permission of the beneficial owner.
This is done with a s.g. POA (Power of Attorney)This is a power of attorney agreed and recorded in writing between the Nominee Director and the beneficial owner, which is issued by us free of charge and serves to secure the beneficial owner.