|
As
a result of the need to ensure that clients
remain compliant with the country's Company
regulations and thus provide specialized
services in this regard, the firm incorporated
a nominee company called FOAC Nominees Limited.
The
company, which is run as an ancillary to
the firm, is made up of counsel who are
experienced in company compliance issues.
Regular company registry filings, such as
changes in management, shareholding, addresses
and Annual returns are handled by this company.
It acts as company secretary to a number
of clients and thus conducts the statutory
meetings namely Annual General Meetings
and Board of Directors meetings.
The
company also maintains the corporate files
of the client companies and therefore serves
as the reference point for company details
for its clients.
|