A nominee director, a non-executive director, or an independent director is someone who acts as a non-executive director on the board of directors of a company, on behalf of another person or entity. Simply put, a non-executive director has no authority to make any corporate decisions. Such a directorship allow these persons additional privacy, as their names appear neither on the Memorandum and Articles of Association nor the NC1 share certificates.
Non-executive directorships are also convenient for clients who cannot travel to Hong Kong to open company bank accounts. Non-executive directors open the bank account on your behalf, while you remain sole signatory for accessing the account. Our nominee director has absolutely no access to your bank account.
The Hong Kong jurisdiction allows a corporate body to be named as a nominee director of another company. E.g. BVI entity – International Business Company (IBC) is a director of its Hong Kong entity – Private Limited Company.
How does this work?
As the shareholder, you elect our representative to serve as manager/officer/director for your Limited company. We have no authorization to sign any contracts or represent the company in any other respect. Immediately after we obtain the necessary documents for you, we resign from the position. If you need a bank account opened, we resign immediately afterwords.
REACHING US–Some outsourced or foreign firms hand you off to people who don’t appreciate how international business should operate. At Startupregister.hk, you can be certain our Western, English-speaking staff are on the same page as you, ensuring clear, efficient, and trustworthy conversation. A glance at our client testimonials confirms this is how we operate.
CONFIDENTIALITY–Today’s competitive environment means companies who don’t safeguard their information soon find themselves at a disadvantage. This is especially true in regions where ideas and research are fair game. Startupr.hk keeps your information strictly confidential, never sharing your name or your business concepts with other clients.