Overview
Within its mission to provide a full business solution to its clients, LCC provides nominee services under certain conditions.
A nominee service allows clients — whether individuals or corporate bodies — to protect their identity by nominating another person or corporate body to act for the beneficiary of these services.
How it works
- Nominees abide by the instructions given by the clients.
- Their details are registered in the registry of commerce.
- They are not to benefit from, or be considered in any way, real economic partners in the business — and at the same time will not be held liable for the company’s acts.
Beneficial rights
Hence, the full beneficial rights related to the company’s shares and direction are kept by the real beneficiaries.
Nominee services are provided by LCC under certain conditions.
Bank accounts
Our nominee services in Lebanon also provide the required assistance to clients in what relates to bank accounts; in this case too, the nominees act upon the client’s instructions.