In Israel, the role of a nominee director is becoming increasingly significant, driven by the requirements of local banks for opening accounts for companies with foreign capital. Nominee director services are in demand in Israel, as local banks often agree to open bank accounts for companies with foreign capital only if the company’s director is an Israeli citizen and his life center is in this country. This requirement makes the nominee director a key figure in the structure of a company with foreign capital participation.
Services provided by nominee directors
In Israel and abroad, nominee directors ensure that companies comply with local laws and corporate governance standards. Therefore, providing such a service by a law firm is particularly relevant.
Nominee directors can protect the actual owners of the company from public disclosure of information.
The use of nominee directors in Israel simplifies management and operational processes, as the nominee director is an Israeli citizen and, in the case of using the services of a law firm, also knowledgeable about Israeli laws.
Conclusion
Providing nominee director services in Israel through a law firm allows companies with foreign capital to avoid difficulties with banks and tax authorities. Our office will help you not only to register a company in Israel and open a bank account but also to accompany the company as a nominee director.