What Nominee Directors will do for you
Based on the Articles of Incorporation and resolutions of the Board, nominee directors can be authorised to sign specific contracts and agreements or can be given general authority to sign all contracts and agreements. Similarly they can be instructed to open bank accounts and sign checks. In any case, the nominee will sign documents only upon specific instructions of the benefical owner(s) of the company.

Specific actions taken by the Nominee Director(s)
Prior to signing any documents, the nominee director must first read through the document to ascertain the specific risk attached to the document for the signatory. Because this service must be performed by professionals with some experience a charge is normally imposed for the inspection of such documents. Typically these rates are hourly and are approximately the rate of a mid-level lawyer. Billingsare based on the actual time used (rounded up to the nearest ten minutes) in the inspection process and no minimum charge will be imposed. (i.e. we will not, for example, charge a minimum charge of one hour for any document to be signed) shipping of documents will be billed our actual cost plus 10%.

Protection from wrongdoing
Because the documents are signed by individuals who sign on behalf of a company (in our case, for Stoughton, Ltd.) a due diligence document must be completed by the beneficial owner(s) of the company requesting nominee directors. In order to ensure that the privacy of the beneficial owners is maintained, the due diligence document is kept neither in the country of the benefical owner's residence, nor in the domicile of the company nor in the domicile nor in a country where Stoughton maintains business operations. This is a practice that Stoughton maintains for any documents which it must keep. In general, however, it keeps as few documents as possible beleiving that the best way to ensure its clients privacy is to know as little as possible about its clients save that which is necessary to provide assurance that it is not aiding or abetting criminal activities.

Terminating Nominee Director Services
When you appoint Nominee Director(s) you will receive a pre-executed resignation. When you are ready to terminate the services, you simply enter the date in the resignation and notify us.

Extending Nominee Director Services
We will normally advise you 30 to 60 days prior to the expiration of the term so that you may extend the agreement. The agreement is not normally extended automatically. If you should wish to have automatic extension in place, please notify us and we shall amend the agreement accordingly.

Using Stoughton Nominee Services
Charges: Nominee Directors: US$500 per director per year
Inspecting and signing agreements: US$250 per hour. (Simple agreements usually take in the neighborhood of 10 to 20 minutes. ) In rare cases where we must seek the advice of outside counsel in vetting the agreement the charge would be at our cost plus ten percent.
Ordering the service:
First, complete the Due Diligence form which you can find at this link. This is an Adobe Acrobat file that you can print and complete. Then please fax the form to us at 65 6242 5896
Second, complete the application form which you can find here. Fax it to the same number as the Due Diligence form.
Third, when you are accepted, we will give you instructions for wiring the payment to our account. When we have verified the receipt of the funds, we will immediately notify you and despatch your copy of the Register of Directors, the Nominee Director(s) resignation(s) and a code table to be used in any instructions you send to the directors as an additional precaution to ensure that the instructions received are from you.