| The Nominee Process |
| It is no longer a requirement for registered companies to appoint a company secretary, however many financial institutions and contactual agreements still require two signatures from persons directly associated with the Company, by appointing yourself or associate as secretary you must disclose to Companies House certain personal information about that person name, address, etc, for some individuals who need to keep their identity out of the public domain this could prove to be a problem when registering the company, and that’s where our services come into effect, we will appoint our nominee secretary allowing you to maintain complete anonymity. |
| Starting The Process |
| To start the process complete the online form, pay our fee and we are registering your company the nominee will be added at that point, if you are registering the company though other sources then we will email the nominee details. Once the company is registered and due diligence confirmed (when you have emailed/posted your ID), we ask you to sign a deed of indemnity and then provide you with a power of attorney. |
| Company Control |
| The beneficial owner would retain complete control of the company through Power of Attorney which is a private agreement showing that you have control over the company's affairs and the normal director duties of the company. This ensures that the true owner of the company is empowered to run the business and manage the company's activities. The Nominee Director will also sign an undated letter of resignation that can be submitted on their behalf at any time you wish, which gives you the peace of mind that he can't act against you. |
| Service Renewal |
At any point during the contractual term the beneficial owner can choose to terminate the nominee service and appoint alternative director(s). Should you choose to continue the nominee appointment on the anniversary of the service simply pay the renewal invoice and the service will continue for a further 12 months.  |
| Document Signing |
| We make a small charge for signing documents, single documents £15, document bundles £35, signing off accounts £75, signing VAT returns £75 + postage costs, you can include a pre-paid envelope for return of the documents. It should bve noted the nominee will not enter in to any contractual agreements, sign leases or be party to any finanicial or other similar contracts. For scanning documents, call or email our office for details. |
| Legal Stuff |
| NB: The above information is general and is intended as a summary only. Clients should seek further clarification if required before deciding if they wish to engage nominee directors. We expressly reserve the right to provide this service to anyone for any reason. We specifically will not provide this service to corporations with a payroll or who may have excise tax obligations. |
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| The Money Laundering Regulations came into force on the 1st March 2008 and place us (as well as any other person, firm or company who provides “by way of business…services in relation to the formation, operation or management of a company or a trust…”) under a lot more strict obligations concerning how and with whom we conduct our business. The practical effects are as follows:- |
| For the provision of any or all Nominee Company Director, Secretary, shareholder. |
| We will require the details and documentation listed below: |
| Proof of ID - provided by the proprietor to the company (this can easily be obtained through your local post office). |
| Proof of Address – Utility bill, bank statement etc |
| Picture ID – Passport, Drivers licence etc |
