Canada FAQ
Is a nominee director legal in Canada?
It can be lawful when properly structured, documented, and used for a legitimate purpose within the limits of corporate, compliance, and governance requirements.
It can be lawful when properly structured, documented, and used for a legitimate purpose within the limits of corporate, compliance, and governance requirements.
A nominee or temporary resident director arrangement should be carefully documented with scope, decision-making boundaries, indemnity expectations, insurance expectations, and a defined transition path.
The service is meant to solve a specific structural or timing issue, not to replace long-term management, regulated advice, or the client’s own governance responsibilities.
Key points
- The role should be temporary and documented.
- Indemnity and insurance expectations matter.
- A transition plan should exist before appointment.
Related questions
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