Advantages of a UK national nominee director: at Coddan, we pride ourselves in offering a nominee director, nominee secretary and nominee shareholder service that allows you to keep your involvement in your new company private. Whether you are registering a UK business from overseas or you have existing business partners that you'd rather keep your involvement from, our service gives you all the benefits of ownership without the public exposure.
The nominee directors we can provide perform as proxies - acting on the behalf of owners in a public capacity. We will arrange for a power of attorney to be granted, and in some cases, we will arrange for one of our existing companies to perform the role of nominee director. While the nominee director remains ultimately accountable for the operation of the business, you can run your business as you see fit.
All directors are subject to the Companies Act 2006, and failure to uphold their legal obligations could lead to disqualification. While we endeavour to provide this service to every business, we assess the merits of each application on a case by case basis. The full details of any shadow director must be given via a deed of indemnity, and our strict guidelines must be followed.
There are a number of benefits involved in appointing nominee directors. For instance, you may be involved in another limited company, so appointing a nominee director will ensure that your involvement stays off the company records. You may be already operating in the same industry, and previous problems with customers may make running a new business difficult. The service we provide could allow you to operate your own private company without having your name registered at Companies House. We, in effect, give you power of attorney to act as an executive officer within your own organisation.