Some clients want to buy an IBC but don’t want to disclose any information from their side, while others order full management package and wonder why they are not indicated as shareholders…
When it comes to buying an offshore company, the distinction between shareholder and the ultimate beneficial owner (UBO) has to be clear. When you look at the names as such they already tell you that shareholder is the “holder” of shares and UBO is the real owner.
You can be both, that is not a problem. BUT then make your mind up, do you want to keep your privacy intact or not!
You can shield your name from public, by choosing someone else to become the nominee shareholder, in this case that someone else will be holding your shares for and on behalf of you. Usually this relationship is confirmed by a Trust Declaration, which states that the nominee is in fact holding your shares for and on behalf of you. So in reality, you are still the real owner, and it is you who is entitled to all gains, profits and benefits accruing to such shares.
As to those who want to buy an offshore company and tell us nothing?! Impossible! We, just like all other licensed Registered Agents, are by law required to know your identity, and not only know your name and address, but we require a full set of documents to prove this. This is known as Due Diligence or Know Your Client (KYC) requirement. Legally you will find it impossible to purchase an offshore company absolutely anonymously!
That being said, you should know, that if you do choose the nominee shareholder services, you are still greatly protected. As all your personal information stays only with us in your file, and no information becomes available for public!
Thank you for reading my post! And you are welcome to leave comments, feedback, suggestions for other posts or contact me for more information.
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