What is a nominee director?

A nominee director, also known under the more modern name of “third-party director”, is a third party, who would be officially registered and acts as a Director of an offshore company. As is common, nominee directors are provided by licensed Registered Agent firms to their client companies as an optional service. In-house directors, being either private individuals or dedicated corporate bodies, operate under the umbrella license of the Registered Agent. Thus, their functions are supervised and regulated by the Financial Services Commission, same as those of the Registered Agent.