A nominee shareholder is an individual or a corporation, unconnected to the real owner, who is formally registered as the bearer of shares in a Belize IBC.
The role of the nominee shareholder is to harbour the actual owner of the offshore company from being publicly linked with the ownership of that IBC.
Whenever a nominee shareholder is contracted, a confidential legal instrument (a proclamation of trust, nominee services agreement or similar written document) would be issued by the nominee to the beneficial owner.
Such written document would confirm in writing the true state of matters - namely, that the shares are exclusively kept by the nominee for the welfare and on behalf of the beneficial owner, and that solely the beneficial owner may dispose with these shares, and that solely the beneficial owner is eligible to all profits and earnings from those shares.
Nominee shareholder is an nonobligatory service.
