Privacy is often important to individuals and they may often not want to be seen as the registered shareholder. There a many reasons why they may require a shareholder to be held on their behalf.
Posts Tagged: Nominee Shareholder
All Corporate and legal entities required to maintain a register of beneficial owners detailing all persons owning or controlling more than 25% of the shares or voting rights. This information must be filed online to central register maintained by the Companies Registration Office. This requirement has not yet commenced and is due to be commenced