In this article, you can understand why the Arrangement Nominee can be an excellent investment alternative for you who are interested in starting a business in Vietnam. 3. Execution of agreements, All measures, notifications and votes You can use professional shareholders in Indonesia as safely as possible with the agreement commonly accepted below, keeping a trade in a prohibited sector, but always comply with the law: In addition to these two reasons, a design structure is also a cheap, simple and relatively fast business establishment. In the nominal agreement, the owner transfers the property to a candidate who agrees to make and make transactions on behalf of the owner. The purpose of the agreement is to legally describe the ownership and role of the candidate. For legal reasons, a nominating agreement is an agreement in which the owner registers the property in the name of the applicant, so that the applicant legally owns the property and all related rights, such as mortgages, interest, relief, licenses, rents, statutes and fees. Unlike the owner, the candidate has no favourable interest in the property. The applicant cannot make decisions about the property without the direct and written permission of the owner. In many standard agreements, a candidate may only respect or execute certain documents under the authority defined in the agreement. This includes the execution and/or provision of the following types of documents: leasing, documents, transfers, concessions, contracts and ot Here, foreign investors can benefit from a nominee structure in Vietnam: although they are often used by many organizations in Indonesia, the Nominee Agreement is still not favoured by the government under Indonesian Investment Law. Therefore, those who are registered in the statutes of a limited liability company are both beneficiaries and legitimate owners. There is no difference between the two.
Join countless entrepreneurs who have experienced the benefit of Cekindo`s Vietnam-only naming service. Our nominee arrangement service eliminates headaches and red tape when buying and selling shares. Because of this restriction and the high amount of investment, foreign individuals or foreign companies often opt for a nominated agreement to comply with Indonesian policy. In this article, you will be able to understand what a nominating agreement is, what the benefits are, and decide if this is what you need for your business in Indonesia. Notwithstanding the COPS regime, the rules for candidates can still be applied.