Nominee Director Services in Kuala Lumpur, Penang

Nominees form a crucial part of business transactions. In case of transfer of financial commodities or securities, the nominee is used as an intermediary who temporarily holds the properties while the transaction is in progress. In other words, the nominee is the one who assumes ownership via proxy while the actual customer or buyer retains actual ownership.
As nominee services are intended to serve as intermediary ownership and for purposes management, they can be extended to cover appointment to various positions of management in a company or in cases concerning shareholders, retain temporary ownership of stake.
Why Are Nominee Services Necessary?
Many legal jurisdictions implement laws that require companies to have various administrative positions occupied by citizens of the jurisdiction. This presents a significant challenge to foreign companies who might not necessarily allow changes to their board of operations and governance. In such an instance, they avail of nominee services where individuals satisfying the legal requirements sit on the board to exert influence via proxy as per directions assigned to them. Nominees so placed do not personally get involved in any administrative role in the company or exert any personal influence by virtue of their position, which may be internally devalued to prevent outsider or unwanted influence.
Nominees are fiduciary entities who function as placeholders for individuals who are prevented by law to carry out their duties and obligations. This is typically facilitated by transfer of the power of attorney that allows the relevant individual the right to act on behalf of the nominee. Positions that can be served by nominees include:

• Company Director
• Shareholder
• Company Secretary

Nominees act on the good faith that they will carry out actions as per instructions of the client.
What Do We Deliver Better Than The Competition?
As a provider of diverse services across several business verticals, OneAccounting is uniquely positioned to offer a truly new perspective on traditional business operations. As a qualified provider of financial services in the country, we have worked with clients with diverse profiles and requirements. As such, our professionals are extremely flexible in the services they provide.
We deliver tailor made services as per our clients’ requirements and deliver goal oriented performance. We have provided reliable services and business expertise over the years and will continue to uphold our legacy and honour the trust our customers have placed in us.