Nominee director and shareholder to be foreign can be belize company?

[andreas]

When I'm looking to form a Cyprus company that need to have the status to be non resident and I need privacy then I need a foreign nominee director and shareholder, so I'm wondering if it would be possible that this will be a Seychelles or Belize company? If so it will be cheaper than appointing foreign nominees I guess!

 

[JohnLocke]

Yes, you can appoint your Belize company to be a shareholder and director of the company in Cyprus and as well safe the fee for nominees in Cyprus.

 

[brianK]

That's actually good news, say I have a company in Panama or Belize and say they have nominees as well, can these companis still be director and shareholder in the Cyprus company?

 

[dentel]

So Panama company can be a director and shareholder in Cyprus company? Strange how can a company be a director:help:

 

[JohnLocke]

It is actually possible in many jurisdiction. Also it is not possible in many other EU jurisdiction there it is prohibited.

 

[andreas]

That's good. Thank you. I will look a bit around and get my order through to you shortly.