Nominee services are provided mainly for reasons of anonymity and privacy.
The principle of nominee services is to provide credible, respectable and trusted persons into the statutory and supervisory bodies. For a limited liability company a managing director is provided, for joint stock companies it is a member of the Board of Directors and Supervisory Board members.
The nominee service provider is always fully responsible for any activity of nominee directors, it is in his own interest to choose in these positions a reliable and proven people. Relations between the owner and nominee persons are treated by contract, each step of nominee persons is carried out only on the instructions of the beneficial owner of the company.