Nominee Company Companies in Malaysia

A nominee company is a company that is appointed by another company to act on its behalf in respect of certain matters. The most common type of nominee company is a shareholder nominee company, which is appointed by a shareholder to hold shares on its behalf.

Nominee companies are often used in situations where the beneficial owner of a company does not want their name to appear on the public record, such as the register of companies. This may be for privacy reasons or to avoid potential risks associated with being a public company.

Nominee companies are also used to streamline the ownership structure of a group of companies. This can be helpful in situations where there are a large number of shareholders, or where the shareholders are based in different countries.

It should be noted that nominee companies are subject to the same rules and regulations as any other company. This means that they must comply with all filing and disclosure requirements.