Nominee Director/Shareholder Services

1. Why do I need a nominee director/shareholder?

In several countries around the globe, entrepreneurs incorporating a new limited liability company are legally required by the local authorities to appoint a resident director who may either be: i) a citizen or ii) a foreign national with a valid residency permit. It will be mandatory for the resident director to have a local address in the country and to be currently living in the country.

2. Multistream International can help you with nominee director/shareholder services?

If you have difficulties finding a resident director, Multistream International offers professional nominee director services in every country in the world, including in Vietnam. Multistream International professional director appointed will neither be a corporate bank account signatory nor play an active role in your company. This services will help you fulfill the local statutory requirements.

Multistream International and our clients will sign a legal contract outlining terms and conditions and limitations of the local director appointment.

3. Nominee Director

With the Nominee Director, your information will not be disclosed on Government and the company’ documents and you still have the full control of your company through the Power of Attorney (POA)

The Power of Attorney (POA) is an agreement between you and the Nominee Director, they will represent or act on behalf of you in your company. Under this POA, the Nominee Director cannot do anything unless receive your instruction to do so.

Required documents:

• Copy of passport and residential addresses proof of all directors. If the director is another corporation, please provide us with the Company documents such as Certificate of Incorporation, M&AA, Registered of Director/Shareholder, etc.

4. Nominee Shareholder

The same as Nominee Director, the Nominee Shareholder will act on behalf of you in your company. Your information will not be disclosed on the Government and the company’ documents. The agreement between you and the Nominee Shareholder is called the Declaration of Trust (DOT).

The Declaration of Trust (DOT) is an agreement in which the Nominee Shareholder is appointed to hold the shares in the company for you, but the DOT will indicate that you still have the full ownership of your shares.

Required documents:

• Copy of passport and residential addresses proof of all shareholders. If the shareholder is another corporation, please provide us with the Company’ documents such as Certificate of Incorporation, M&AA, Registered of Director/Shareholder, etc.
• Amount of share capital and percentage of shareholdings.

5. Restrictions

We do not provide Nominee services for these activities:

• Adult content Websites, Pornography
• All activities related to the financial field
• All activities requiring a dedicated licence in Singapore
• Broker-Dealers
• Businesses Alternative payment systems (E-pay)
• Churches and charities
• Commodity trading (petroleum, diamonds, metals)
• Crypto-currencies
• Financials services requiring license, BGs, SBLCs, MTNs, financial instruments
• Futures trading
• Gambling, Online casinos
• Insurance companies and brokers
• Mutual and Hedge Funds
• Pharmaceutical products (including food supplement)
• Precious Metals
• Security Exchanges
• Selling fake diplomas
• Trusts
• Weapons/Arms Dealing

6. Fee schedule