Nominee Shareholder

A nominee shareholder is when the real or beneficial owner chooses not to have his or her name on the share certificate or in the share register. Instead another person agrees to appear on the share certificates and in the share register. In order to protect the real of beneficial owner the nominee should sign Declaration of Trust to the beneficial owner giving up any right to exercise any powers over the shares including voting rights or the right to sell or transfer the shares.

Other articles that might interest you:

1. Registered Shareholder
2. Bearer Shares
3. Letter of Wishes
4. Some Basic Characteristics of an International Business Company (IBC) in Belize
5. Beneficial Ownership