Nominee Shareholders in Cyprus – Benefits, Privacy, and Compliance
Many international investors choose to appoint nominee shareholders in Cyprus to protect their privacy and simplify corporate administration. This structure allows beneficial owners to maintain confidentiality while staying fully compliant with local and international regulations. Trustank Corporate Services provides licensed, trustworthy nominee shareholder services under the supervision of the Cyprus Bar Association.
What Are Nominee Shareholders
A nominee shareholder is a person or corporate entity that holds shares in a company on behalf of the actual owner, known as the ultimate beneficial owner (UBO). The nominee’s name appears in the official public register, while the beneficial owner’s rights are protected by a private legal document called a Declaration of Trust.
Legal Framework in Cyprus
Nominee shareholder arrangements are lawful and well-recognised under Cyprus law. Only licensed professionals, such as Administrative Service Providers regulated by the Cyprus Bar Association or the Cyprus Securities and Exchange Commission, are allowed to provide these services. Trustank Corporate Services operates under this strict regulatory framework to ensure complete compliance and transparency.
Benefits of Using Nominee Shareholders
The use of nominee shareholders offers several important advantages for international business owners:
Confidentiality: The nominee’s name appears in the public register, protecting the identity of the beneficial owner from public disclosure.
Legal Protection: The Declaration of Trust ensures that all ownership rights, dividends, and control remain with the beneficial owner at all times.
Simplified Administration: The nominee can handle procedural matters such as signing shareholder resolutions, attending meetings, and maintaining compliance with the Registrar of Companies.
Ease of Structuring: For clients with complex international holdings, using nominee shareholders can simplify corporate structures and centralise control under a licensed fiduciary provider.
Transparency and Ultimate Beneficial Ownership (UBO)
Even though nominee shareholders provide privacy, the beneficial owner must still be declared under Cyprus’s Ultimate Beneficial Ownership Register. This register is maintained by the Registrar of Companies and accessible to competent authorities such as tax and law enforcement agencies. The information is not publicly available, which ensures both transparency and privacy protection.
Trustank assists clients in fulfilling these obligations while keeping their structures fully compliant with anti-money laundering and transparency regulations.
How Trustank Corporate Services Protects Clients
Every nominee relationship is documented through a detailed trust agreement and supporting legal documents. This ensures that clients maintain full control and ownership while the nominee acts strictly under their written instructions. All arrangements are carried out with confidentiality, professionalism, and adherence to legal obligations.
Nominee Shareholders and Corporate Governance
Using nominee shareholders does not alter the company’s internal decision-making. The beneficial owner retains full control over voting rights, profit distribution, and strategic decisions. Trustank’s role is to ensure that corporate governance remains compliant and transparent, safeguarding the client’s interests at all times.
Why Choose Trustank Corporate Services
As a Licensed Administrative Service Provider regulated by the Cyprus Bar Association, Trustank offers a secure and professional nominee shareholder service. Our clients benefit from legal protection, privacy, and complete confidence that their companies remain in good standing with all authorities.
Confidentiality with Compliance
Appointing nominee shareholders in Cyprus is a practical way to combine privacy with full regulatory compliance. Trustank Corporate Services ensures that every arrangement is lawful, transparent to authorities, and entirely controlled by the beneficial owner.
Contact us to establish a confidential and compliant corporate structure in Cyprus.
