Nominee Company
/ˌnɒmɪˈniː ˈkʌmpəni/
Definitions
- (n.) A company registered to hold assets or shares on behalf of another person, preserving the beneficial owner's anonymity and facilitating administrative convenience.
The client appointed a nominee company to hold the shares to maintain confidentiality.
Forms
- nominee company
- nominee companies
Related terms
See also
Commentary
Nominee companies are commonly used in jurisdictions to simplify ownership structures; drafters should clarify the distinction between legal and beneficial ownership to avoid ambiguity.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.