Countries that keep ownership details hidden from google search

[baio12]

What countries are there where company ownership and director details are not publicly available for searching online by any people in a google search or looking on the registry website?

After examining several options, I have discovered that most of them are publicly accessible. It is looking to be impossible to get privacy in Europe. What alternatives available elsewhere globally?

 

[Marzio]

US LLCs registered in New‌ Mexico don't disclose company ownership details.

I've read that US is setting up a UBO‍ registry but i'm not sure it will be publicly available.

 

[JohnLocke]

Are US LLC's the only one in the world?

 

[Don]

The answer is usually in lack of shares. Choose a similar form of doing business where‌ owners/beneficiaries are considered members and you have more choices.

 

[Wellington]

Numerous, offshore anyway.

 

[JohnLocke]

A list of countries would be preferable! But if you don't know it I have‌ to search 🙂

 

[CyprusLawyer101]

If the intention is to simply guard yourself from the public then a nominee shareholder‌ still works wonders. If you are hiding from tax or other authorities then other considerations‍ should be had.

 

[blizz]

In my case it would be nice if this didn't jump up in the eyes‌ to every business partner searching my name on Google!

 

[uranium]

UAE

 

[CyprusLawyer101]

To be more complete, you should also assess the jurisdiction of incorporation as there may be‍ other provisions, like a public BO registry, before confirming that a mere nominee shareholder would⁠ protect you.

 

[baio12]

@Don What countries have this form of doing business?
@CyprusLawyer101 How does public BO registry work? Nominee shareholders report the BO who⁣ is put on the public registry?

 

[OTROTG]

Also, can we use another company‍ as BO?

 

[CyprusLawyer101]

Usually the obligation arises to service providers or to the company itself.⁠ It really depends on the local rules of the concerned jurisdiction. It is a new⁤ concept, however you could safely assume that jurisdictions in the EU do not give access⁣ of the BO registry to the public as confirmed by recent case law of the⁢ Europoean court of justice.

BO refers to the beneficialnowner, which is essentially inquiring for a physical person︀ , other than in a few instances like a discretionary trust or a fund, however︁ i guess this is not what you are referring to. If you are considering disclosing︂ a company in lieu of the BO, this shouldn't ge possible.

 

[baio12]

What countries have this new public BO registry?

According to other posts on this forum, it appears that almost all EU countries have public⁣ ownership. Is there any benefit if the BO registry is not available to public when⁢ they can already see owners?

 

[CyprusLawyer101]

EU countries have the BO registry and its nit available to⁤ the public. Are you looking to hide from authorities or third parties?

 

[baio12]

Third parties‍ only. But EU lets anyone know the company owners already.

 

[CyprusLawyer101]

No, it does not. The public has been restricted from accessing the Registry.‌