
If a company's shareholders do not wish to disclose their identity for commercial reasons, or a corporate shareholder does not wish to disclose its ownership of other companies, you may need a representative to act as nominee shareholder. A nominee shareholder will execute a declaration of trust in favour of the beneficial owner of the shares, agreeing to exercise all voting rights and deal with the shares only in accordance with the instructions of the beneficial owner. The name of the nominee shareholder then appears on public records relating to the shareholding.
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