Nominee Services

Nominee Services for Israeli Companies

What is a nominee? Or a nominee shareholder?
Google define "nominee" as follows:

"a person or company whose name is given as having title to a stock, real estate, etc., but who is not the actual owner."

This means that a nominee is a person or a company who is acting on your behalf. The nominee holds the company shares for you, instead of you. The nominee shareholder is registered as the owner, keeping the real owner's name, you, private.

What is a nominee director?
A nominee director is also acting on your behalf, but the nominee director has the legal liabilities of an actual director. Duties of care, fiduciary obligations, and tax liability in case of tax violations.

Here too, the nominee director is holding the director office, instead of you. The nominee director is registered as a director, keeping the real manager's name, you, private.

It should be pointed out that the director service is formal and not operative. This means that the nominee director isn't actually doing anything in the company. he doesn't manage it but rather only holds a formal office in the company.

Not mandatory in Israel: optional only
Nominee shareholder or nominee director are not mandatory in Israel. This service is optional.

Nominee Services
Hodorov Law Firm provide nominee services for select few of its clients for various purposes.

If you think wish to receive this service, you may contact us to explore the opportunity of receiving nominee services for your Israeli company.

Question: How much does it cost to receive nominee services for a company?
Answer: Click here to contact us and get an up-to-date quote for free!