Where the actual ownership of your private company is a sensitive issue, for political reasons or otherwise, shares may be held by nominees.

In essence if the shares in an offshore company are held by nominees, the shares are recorded as being held in the name of the nominee for the purposes of any inspection, but the true beneficial ownership still lies with the person with whom the nominee has signed an agreement and letter of trust. There may be tax consequences for the beneficial owner with this type of bare arrangement.

For the purpose of anonymity, we can arrange for our nominee companies held the shares to your order as your nominee. In this way the names of the nominee companies will appear on public record, thus preserving the secrecy of your identity.

As part of the Annual Services that we provide, nominee shareholders are supplied at no additional charge. We arrange a standard nominee services agreement which is signed by way of instruction to us, and in return we will send to you the share certificates and blank share transfer forms which will enable you at any time to transfer the shares out of the names of our nominee companies and into the names of such persons as you wish.

Specialist Nominee Services Inc. ("SNS") provides nominee services in situations where holdings in a private company are to be registered in a name other than that of the beneficial owner of those shares. As part of the comprehensive services offered in offshore corporate and trust administration, SNS will register your holdings and will act according to your wishes in a strict nominee capacity, covered by our nominee agreement.

SNS can also provide a registered office for your company's jurisdiction, and can re-direct your company mail to your chosen address. We can also provide a telephone answering service and fax forwarding service on request.