Nominee Director Services in India
A nominee director is someone who in fact is renting his or her name to you. In other words, the name of this person is used and not yours for the incorporation documents. They are also taking the positions on paper of the company directors. The term of straw man or front man has been used to describe someone who is acting as the nominee. Legally, according to the incorporation documents, the nominee is responsible for the company or entity. In addition, if it is the case of a nominee that is also listed as the nominee shareholder, then they in effect also have the related ownership responsibilities as well.
The basic function of the nominee director is to shield working executives of limited and other companies from the public disclosure requirements. It is a perfectly legal device which preserves the privacy of an individual. It is designed to help a person who would rather not disclose their interest or association with a given corporate body. Anyone performing a company search on a company with a nominee director would be unable to discover in whose name the nominee director was registered.
Our nominee services can be used to maintain anonymity or simply provide an additional officer to comply with the legal requirements. Nominee Director(s), Secretary, Shareholder(s) can be instantly provided. When acting in a nominee capacity, we will sign appropriate documents as required (i.e. Annual Accounts, Annual Returns, Share Certificates, Bank Mandates, etc) without additional charge. Prices are based on annual renewal. GKS Consulting Pvt. Ltd. can provide a nominee company director for your private limited company or for your limited liability partnership.