Nominee Director
Foreigners often seek nominee directors to navigate local regulations and ensure compliance in jurisdictions where foreign ownership is limited. By appointing a nominee director, businesses can maintain a local presence, safeguard confidentiality, and adhere to legal requirements.
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We assist clients by providing qualified nominee directors who understand the regulatory landscape. Our services ensure that your company operates smoothly while you focus on growth, knowing that your legal obligations are met. With our expertise, you can confidently expand your business in foreign markets.
Required Terms & Conditions
The nominee director will represent the client per a specified agreement, maintaining confidentiality and compliance with local laws. Their liability is limited to their defined role. Appointments are for a set term, renewable by mutual consent, and either party may terminate with notice. Clients must agree to the payment terms, including any additional compliance costs.
Requirements
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KYC Compliance:
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Successfully pass our Know Your Customer (KYC) compliance assessment.
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Director Appointment:
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Appoint at least one additional director, who may be a foreign national, to serve as an executive director.
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Bank Statement Submission:
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Provide a copy of your monthly bank statement for review by our nominee director.
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Security Deposit:
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Submit a refundable security deposit starting at RM10,000, which may increase based on your company's turnover, share capital, external debt, regulated business status, or the number of local and foreign employees.
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Sanctions Compliance:
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Ensure you are not a citizen of, nor conduct business with customers from, countries listed under the US Sanctions list.
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