A nominee is normally a company created for the purpose of holding shares and other securities on behalf of investors. With our service the nominee is never the legal owner of the shares, and the underlying investors have the beneficial interest in the shares i.e. they are entitled to all income and capital gains on them.
Upon taking on the duties of nominee shareholder, we would hold your shares on trust in the form of a nominee shareholders agreement. Our nominee shareholders agreement would serve the purpose of ensuring that your identity as Beneficial Owner(s) is only known to us and not put on public record at the Companies Registration Office.
An original share transfer form signed by us, but undated, will be issued to you, so that you can have the security of being able to transfer the shares at any time. Share transfers are submitted to the Revenue Commissioners and the transfer is subsequently recorded in the companies next annual return.
A nominee holding occurs where a third party holds shares on your behalf. This is purely an administrative matter to aid the management of shareholdings.
We will supply a Declaration of Trust and beneficial ownership signed and sealed by us.
| Timescale | Cost |
| 3 to 5 days | €320 |