Incorporate in Israel with a Nominee Director
Company Directors have a certain responsibilities towards the company. Since the Company Director has responsibilities to keep records and submit necessary documents/returns to Government Departments i.e. Inland Revenue and Companies Registrar; it is normal for small companies to delegate this responsibility to other professional companies. Hanner-Ofer, Israeli Law Firm provides this professional service to a wide variety of companies. The essence of a nominee service is that it is the names of the nominee directors and/or shareholders that are indicated in the corporate documentation, according to their designation. Thus the names of the company's beneficial owners are not disclosed to the Companies Registry, so that clients are ensured the utmost confidentiality.
You will still control the company as an authorised representative but it will not be possible to search Companies Registrar records to identify you. If you combine the nominee director service with our nominee shareholder then no reference will be made to you at Companies Registrar. You will however still retain full control and ownership of the company through our specialist agreements. Since the address of the nominee director will be one of ours, we will from time to time receive correspondence which will require the attention of the person requesting the nominee director service. As part of the service we will forward these documents.
How it works: the nominee signs the Memorandum and Articles of Association to form your entity. The nominee will sign a General Power of Attorney document, which gives you full power to manage your company. The nominee will give you his signed and undated letter of resignation document, which gives you the peace of mind that he can't act against you. NB: The above information is general and is intended as a summary only. Clients should seek further clarification if required before deciding if they wish to engage nominee directors. We expressly reserve the right to provide this service to anyone for any reason. We specifically will not provide this service to corporations with a payroll or who may have excise tax obligations. Upon provision of a nominee director, we would require you, as beneficial owner(s) of the company, to sign a Letter of Indemnity indemnifying our director against all liabilities incurred by him by virtue of being so registered.
If you wish to keep your name off the Registrar Public Records, so that it is easy to discern that you are involved with a company, then this is the service for you. The nominee will sign all corporate documents, except those that are not lawful or that bring personal liability to the nominee. There is a yearly charge for the nominee service. By appointing our corporate nominee director you can remain anonymous from your company, as no personal details will be recorded at Companies Registrar. This service has been designed to allow our clients to retain their privacy for legitimate reasons in a world where your personal information can easily be obtained by anyone that knows where to look.
This service is not to be used for any illegal purposes. If you are seeking anonymity for illegal reasons, please go somewhere else to incorporate.
You will still control the company as an authorised representative (by General Power of Attorney) but it will not be possible to search Companies Registrar records to identify you. This General Power of Attorney gives the Attorney authority to take decisions and actions on behalf of the company. This include buying or selling property or shares, signing cheques etc. This General Power of Attorney allows the Attorney to open, operate and close any bank or building society account in the company's name, and a Power of Attorney that allows the Attorney to sign cheques on behalf of the company.
Please Read carefully the Nominee Director Duties >>