Fiduciary Services

What are trustees, nominees:
The trustee takes on the position/role of another, normally that of the client, the trustor, and acts on his behalf i.e. he acts fiducial for him. Generally there will be a contract agreement between the trustee and the trustor detailing which rights and responsibilities both parties hold.

When presented publicly, the trustee acts in his or her own name i.e. the trustor his- or herself does not make an appearance/is not exposed.

Specifically i.e. when founding and managing a company this means that:
The trustee founds the company for his client and assumes the shares. The trustee is listed in the register of companies, the client is not exposed. The same goes for the executive director and company director.

Whether or not such a company maintains a branch/place of business in another country, commission other people, takes direct action within the business, employs commercial representatives, or takes action in any other shape or form will depend on the individual case.