Nominee director services require more than appointing a name to the company record. The provider must understand the company’s activity, ownership, decision-making process, and risk profile.
Information to prepare
Prepare a business plan or activity summary, ownership chart, UBO details, expected contracts, tax and legal advice where available, and banking or payment account requirements.
Decision records
Directors need clear records for material decisions. Written resolutions, board packs, adviser input, and signed approvals help maintain a proper governance trail.
Ongoing review
The company should refresh its compliance file and activity description when business activity changes, new counterparties are added, or ownership changes.