Top 5 Countries to Open a Crypto Business in 2026: LegalBison’s Insight
A nominee director is an individual appointed as the official director of a legal entity, instead of the actual beneficial owner.
Through a trust agreement, the beneficial owner is ensured that the nominee does not have any power over the company, and only acts as a representative.
The usage of a nominee director is legal to a different extent, depending on the jurisdiction. In certain legal structures, a nominee director may be necessary to fulfill economic substance requirements.