Business Licenses with more than 1 director

[mickey]

In some jurisdictions we need more than 1 director so establish an entity.
Especially for licenses (for Brokerage/Banking/Insurance/Gambling/Sport-bets etc.) we need more than 1 director to apply.

How it is possible to overcome this obstacle? I mean except using a photocopy of a passport by another person to pretend he/she is part of our new company (quick but dirty)?

 

[DarkRevoMan]

Post an ad online for a part time job, pay them a small amount to do nothing. Single mother, retired folks are perfect. Could always drop a homeless shelter with a bit of cash.

 

[mickey]

A director position for someone you don't know? Very risky!
I thought more about a lawyer who is somewhat limited in his powers despite his director position. How you can limit the power of a director legally?

 

[Martin Everson]

mickey said:
A director position for someone you don't know? Very risky!
I thought more about a lawyer who is somewhat limited in his powers despite his director position. How you can limit the power of a director legally?
Click to expand...

Use specialist firms that can provide you management in such scenarios if you can afford to.

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Please note my posts should not be taken as financial or tax advice. Please seek professional advice in that respect.