Nominee LLP Designated Member Service for Public Records for one year:

It is a perfectly legal device which preserves the privacy of an individual. It is designed to help a person who would rather not disclose their interest or association with a given corporate body (LLP).

The Nominee Member cannot and will not enter into any business contract or financial or moral commitment.

Coddan will act as Nominee LLP Designated Member for limited liability partnerships on an annual basis.

This service is primarily designed to help people keep non-trading or dormant LLPs fully compliant with the law and perhaps to protect the identities of the persons actually controlling the LLP.

At the same time the appointed nominees are not actually entitled to manage the LLP.

We provide the beneficial owner with a Power of Attorney empowering him to run the business, manage the LLP's activities and open and operate the LLP's bank accounts.

Nominee LLP Designated Member will only sign LLP accounts and annual returns prepared by the accountants of the LLP.

	E-Quick Plan		£ 125.00 Renewal fees from £125

Nominee Designated Member For Trading Business LLP:

A nominee member serves as a proxy for the owner(s) of a LLP and acts on their behalf. The names of the LLP's beneficial owners are not disclosed to any third party.

Nominee members do not usually have an active role or function in the actual business of the LLP.

A nominee designated member is someone who in fact is renting his or her name to you. In other words, the name of this person is used and not yours for the incorporation documents.

Coddan will act as Nominee Designated Member for limited liability partnerships on an annual basis.

We provide the beneficial owner with a General Power of Attorney empowering him to run the business, manage the LLP's activities and open and operate the LLP's bank accounts.

We will also include pre-signed, undated letters of resignation from nominee member, plus Notarised and Apostilled copy of Nominee Member' passport.

Nominee Member will NOT be a signatory to the LLP bank account nor will run the LLP bank account on behalf of the LLP.

	Economy Plan		£ 310.00 Renewal fees from £310

Nominee Member For Trading Companies:

Nominee Member would become part of the LLP day-to-day business.

In particular, Nominee Member would raise invoices, sign contracts and other business documentation.

Obviously, the Nominee Member would remain fully responsible to act only in accordance with the wishes of the owners of the LLP, insofar as they are legitimate.

Coddan will act as Nominee LLP Member for limited liability partnerships on an annual basis.

At this stage, the Nominee Member would also control over the bank account of the LLP (under a separate agreement we may provide this service to act as secondary signatory only, not the primary signatory).

It is the only truly effective solution to shield the beneficial owner of the LLP from any undesired link to the LLP.

Obviously, it is also the most costly one, because it would involve management fees based on time spent.

	Premier Plan		£ 1500.00 Renewal fees from £1500

Nominee Membership How it Works:

Sometimes, for tax or other reasons a person does not wish to be seen as associated with a LLP, or be seen as a beneficiary of a LLP, Nominee Membership Service is the answer.

A nominee Member is someone who in fact is renting his or her name to you.

Nominee Member signs the LLP Agreement to form your entity.

The nominee will sign a General Power of Attorney document, which gives you full power to manage your LLP.

The nominee will give you his signed and undated letter of resignation document, which gives you the peace of mind that he can't act against you.

The above information is general and is intended as a summary only.

Clients should seek further clarification if required before deciding if they wish to engage nominee members.

We expressly reserve the right to provide this service to anyone for any reason.

			Legal Requirements

Nominee LLP Members Services: E-Quick Plan £125.00 Nominee LLP Members Services: Economy Plan £310.00 Nominee LLP Members Services: Premier Plan £1500.00 Nominee LLP Members Services: Legal Requirements

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