Offshore Bank Accounts
Will the nominee director act as bank signatory?
It is certainly possible, and advisable, for nominee director to be appointed as one of the bank account signatories. This amounts to a "full company management", and is actually the most elaborate and most confidential form of managing the affairs of an offshore company. Having a nominee director as bank account signatory amounts to a "full company management", and is actually the most proper and most confidential form of arranging the affairs of an offshore company - while, certainly, simpler arrangements exist and are sometimes preferred.