Nominee
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- A nominee is an individual or entity, which acts on behalf of a beneficial owner. Most often the nominee pretends to be the owner of an entity, asset, or transaction to provide a veil of secrecy as to the beneficial owner's involvement. Many offshore entities provide nominee services whereby they will provide a nominee to act as owner of your arrangement but generally will not act unless instructed to by the beneficial owner.
IRS - Cite This Source - This Definition - Bearer Shares, Beneficial Ownership, International Business Corporation (IBC), Letter of Wishes, Nominee Director, Offshore Mail Forwarding Address, Offshore Trustee