Nominee services are typically provided by an intermediary to disguise the beneficial owner's business. Nominee services relate to the nominee shareholder and the nominee director. As a rule, the nominee services should also include a PO box service (office address for correspondence purposes). Nominee services are suitable for large corporate tax planning structures and often include an international aspect. For example, the beneficial owner is based in another country and not the company itself.

Nominee shareholder services are typically provided on the basis of a declaration of trust whereby the nominee declares that they hold shares on behalf of someone else and have no authority to make decisions in the company, neither to vote at a shareholders' meeting nor to receive dividends from it unless the customer expressly gives an instruction. The nominee has no right to sell shares unless requested by the client. However, the Client and the Nominee may agree on specific tasks for the Nominee to perform. Such duties are often entrusted to lawyers and attorneys who have expertise in the field and can protect the interests of the client.

Nominee director, also called 'shadow director' who normally only appears for official records while the company is effectively run by the client by power of attorney. On the basis of an approval, the client can open a bank account and assume full corporate management and control.

Benefits of Nominee Services
The benefits of using nominee services are evident in cases where an entrepreneur wishes to maintain their privacy and reduce visibility in official records or does not want their name to be associated with the business in question. In addition, there may be times when a person may have restrictions on performing the proposed activity or the law may require local management, such as a local secretary in Hong Kong.

When a quick action is necessary to register a company abroad, in case the client cannot travel, it is often more convenient to temporarily appoint a local company manager. If the intention is to open a company in overseas jurisdiction, such as BVI, Belize, Hong Kong, it might be physically complicated to arrive in person.

Nominee services usually guarantee confidentiality and anonymity. However, a disclosure sometimes happen at bank or in investigation authorities during court proceedings.

The nominee services are widely used for tax planning and asset protection purposes. If ultimate beneficiary of completely corporate structure is based in low tax countries, he should enjoy the benefits of low tax system for the received dividends from the earned profits.

Other advantage derives from the registration country and is often referred to financial statements and reports. In some tax haven jurisdictions there is no need for submitting the annual, therefore, low auditing and bookkeeping requirements that provide certain advantages, if the person is willing to increase privacy and confidentiality and hide his/her assets.

Major industries in the country are mining (iron ore), rubber processing, palm oil processing, timber, diamonds. 2.4% of population in the country are unemployed. The total number of unemployed people in Liberia is 116,484. Liberia produces 335 GW/h of electricity each year. Liberia emits 0.2 metric tons per capita of CO₂. On average, you would pay 0.91 USD for one liter of gasoline in Liberia. One liter of diesel would cost 0.85 USD.

Labour
The total labor force of Liberia is 1,533,210 people. People in Liberia speak the English language.

The monthly minimum wage in Belgium is 1794 USD. Belgium has a public debt equivalent to 23% of the country's gross domestic product (GDP) as measured in 2012. Relative to consumer prices, the inflation rate in Belgium is 1.3%. The currency of Belgium is the euro. There are several plural forms of the name "euro". These are euros, euros. The symbol used for this currency is € and is abbreviated as EUR. The euro is divided into cents; There are 100 in one euro. Every year, consumers spend around 270,819 million US dollars. The ratio of consumer spending to GDP in Belgium is 0.05% and the ratio of consumer spending to world consumer market is 63%. Corporate tax in Belgium is 33.99%. Personal income tax ranges from 0% to 64% depending on your specific situation and income level. VAT in Belgium is 21%.

Gross domestic product
The total Gross Domestic Product (GDP) calculated as Purchasing Power Parity (PPP) in Belgium is US$483,331 billion. The gross domestic product (GDP) calculated as purchasing power parity (PPP) per capita in Belgium was last at 42,034,196 US dollars. The PPP in Belgium is considered very good compared to other countries. A very good PPP indicates that citizens of this country find it easy to buy local goods. Local goods can include food, shelter, clothing, healthcare, personal hygiene, essential furnishings, transportation and communications, laundry, and various types of insurance. Countries with very good purchasing power parities are safe locations for investments. The total gross domestic product (GDP) in Belgium is 524.806 billion. Based on this statistic, Belgium is considered as a large economy. Countries with large economies support a variety of industries and businesses and offer numerous investment opportunities. Large economies have an extensive financial sector that facilitates the organization of investments and financial transactions. It should be very easy to find good investment opportunities in Belgium. The most recent gross domestic product (GDP) per capita in Belgium was $45,641,182. The average citizen in Belgium has a very high level of wealth. Countries with very high per capita wealth have a longer life expectancy and a very high standard of living. There are highly skilled workers in many industries and labor is very expensive in these countries. Very wealthy countries offer safe investment opportunities as they are often backed by a diverse and thriving financial sector. The annual GDP growth rate in Belgium in 2014 averaged 1%. According to this percentage, Belgium is currently experiencing modest growth. Modest growth countries offer safe investment opportunities; Their expanding economy suggests that businesses, jobs and incomes will grow accordingly.

Running a company in Latvia is a great alternative to offshore companies as the Latvian government has made numerous changes to regulations and laws in recent years. Companies in Latvia attract foreign entrepreneurs and investors who are looking for a sustainable and developing corporate structure and have the opportunity to take advantage of various tax optimization options for their company.

While there is an option to start your own business, there is another alternative - you can buy an existing one. A company that was founded some time ago and is currently inactive is known as a shelf or ready-made company. Shelf companies are either "clean", which means that there has never been a business transaction in this company since it was founded, or a company with its own history, that is, it has an operational and financial history.

Benefits of Acquiring a Shelf Company
Clean businesses are usually set up for a single purpose only to be sold off over time. The key advantage of such a shelf company is that the new owner of the company can be absolutely certain that he has no debts or other liabilities from the previous owners. In the meantime, companies that have previously operated may have some liabilities and investors should do their own due diligence to ensure they are not buying a shelf company with high debt. However, even companies with an operational history have their own advantages. For example, a readymade company with a pre-existing business history is more credible and it is easier to take out a loan or even open a bank account. Some manufacturers, as well as governments, prefer to do business with a company that is known for its longevity.
Compared to a way to start your own business, the shelf company may be the right strategy for the following reasons:

Urgency - Starting a new business takes time and resources. If you want to start trading as soon as possible, a shelf company can get you started almost immediately after acquiring the shares.
Image and Credibility - Companies that have recently been registered often look unreliable to do business with. In the meantime, a shelf company registered some time ago contributes to a reliable image.
Meet formal requirements - in order to acquire certain business projects, a company has to be of a certain age in some cases.
Process of a shelf company acquisition
The process of acquiring a shelf company in Latvia is relatively straightforward and is usually carried out by the service provider from whom you wish to acquire a shelf company. The limited liability company is the most widespread legal form of the company in Latvia as its shareholders have no personal liability for the company's liabilities other than the capital invested. In general, shelf companies in Latvia are given an active registration number, VAT number, no previous activity and already registered share capital of EUR 2,800. The latter can vary with different service providers and you should clarify this before choosing your shelf company.

A Latvian shelf company can be acquired remotely either by arranging an appointment with a notary or by issuing a digitally signed power of attorney with an electronic signature. Basically, all documents are created by the service provider and only the passport copies of the shareholders, the residential address and the new company name (if desired) and the contacts on the customer side are required. When all documents are ready and signed by the service provider, he submits the application to the commercial register, where processing of all changes takes up to 5 working days. For an additional fee it is possible to accelerate the process to 1 working day. After the commercial register has finished processing the changes, the service provider forwards all legal documents to the new shareholders and your company can start operations.