Nominee Services Overview
1. Nominee Shareholder Service
The Law Firm provides a professional individual or corporate entity to registered as the legal owner of shares in a Vietnamese company on behalf of the Beneficial Owner (the actual investor).
- Purpose: To satisfy local equity requirements in conditional business sectors where foreign ownership is restricted.
- Protection: The relationship is governed by a Nominee Shareholder Agreement and a Declaration of Trust, ensuring that all financial benefits, voting rights, and disposal rights remain with the Beneficial Owner.
2. Nominee Director Service
The Law Firm appoints a qualified local resident to act as the legal representative (Director) of the enterprise.
- Purpose: To fulfill the legal requirement that a Vietnamese company must have at least one resident legal representative at all times.
- Compliance: The Nominee Director acts under the strict instructions of the investor, handling administrative filings and statutory compliance without interfering in daily commercial operations.
3. Key Legal Instruments for Asset Protection
To mitigate risks for the foreign investor, the following documents are typically executed:
- Call Option Agreement: Giving the investor the absolute right to purchase the shares at any time for a nominal fee.
- Undated Resignation Letter: Signed in advance by the Nominee Director to allow for immediate replacement if necessary.
- Power of Attorney (PoA): Granting the investor full control over the company’s bank accounts and operational decisions.
4. List of typical customer
TOYOTA; WACOAL, DELOITTE; DLH; SHISEIDO; FOS; DLT; YAMAZEN; SANKOUGIKEN; FLASH POINT; IFO; ALTECH; TRIUMPH; SOMETHINGHOLDINGS ... ETC.
In the nominee services we provide, we act upon instructions from the beneficial owners according to the power of attorney given by the client.
- Nominee Shareholder Viet Nam
This allows the client's status to be kept in private.
- Nominee Director Viet Nam
This allows the client's status to be kept anonymity.
This allows the client's business to be in compliance with the local laws in the most beneficial ways.
4. Let LHD Law Firm help your Business in Vietnam.
(LHD Law Firm is here to assist you from the outset; providing intelligence, information, management or support and administrative services that assist market entrance, and ensure efficient business start-up operation. Our services are as following)
Nominee Director services in Vietnam by LHD Law Firm:
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Who acts as the executive director(s) of the company i.e. who runs the company?
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Client
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Who acts as the bank signatory?
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Client
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Who signs contractual and financial documents of the company?
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Client
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Who acts as the shareholder of the company?
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Client
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Is nominee director involved in any matters of the company except to satisfy the statutory local director requirement?
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No
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Can the nominee director review and scrutinize the bank and financial statements of the company?
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Yes, to fulfill his/her fiduciary duties
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With 15 years of experience advising foreign investors investing in Vietnam LHD Full Law Firm-related services to meet the needs nonimee of foreigners:
We are committed to professional service and reasonable prices for Client's