Virgin Islands Nominee Agreement

State:
Multi-State
Control #:
US-134059BG
Format:
Word; 
Rich Text
Instant download

Description

A nominee agreement is a document whereby one person agrees to act on behalf of another person in certain matters, usually related to the legal system. All the parameters necessary to carry out the tasks envisioned must be defined within the nominee agreement.
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FAQ

The primary reason for a nominee arrangement is to protect the identity of the true owner of assets or shares. This setup is particularly beneficial in jurisdictions like the Virgin Islands, where privacy laws are favorable. Additionally, businesses may use nominee agreements to streamline management and governance.

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Virgin Islands Nominee Agreement