Directorship Services in the BVI and the Cayman Islands
Our professional directors have significant experience in BVI and Cayman regulations, accounting, auditing, fiduciary services and risk management.
Harneys professional directors exercise independent judgment and act in the best interest of the company while providing central management and control in the British Virgin Islands or Cayman Islands. Harneys directors ensure that all strategic, commercial and policy decisions taken in the British Virgin Islands and Cayman Islands are recorded and filed in the minute book. Our responsive and client focused team takes a pro-active and hands on approach in the management and administration of your British Virgin Islands and Cayman Islands companies.
Harneys directors can review proposed changes to statutory documentation, authorise payments, review and approve agreements entered into by the company with other third parties, approve annual financial statements and facilitate opening bank accounts.
This team has depth in experience and works closely with Harneys’ associated law firm to deliver a seamless integration of management, administration and legal services.
Directorship Services in Cyprus
A cadre of experienced lawyers assists our clients to navigate the complex legislation and best practice codes associated with corporate governance today. We counsel boards and senior executives on the day to day management of a Cyprus company, helping them to make informed decisions, addressing all aspects of company law, ranging from board meeting requirements to investor protection, compliance with codes of conduct, director liability issues and shareholder engagement. Our corporate governance experience grows with the on-going needs of our clients, many of whom are market leaders in their respective fields requiring sector-specific advice or are public companies engaged in international listing procedures.
The ability of a director to apply independent judgment and steer a business to profit can be deduced only from such director’s qualifications and experience. It is no longer sufficient for satisfying management and control purposes to appoint any person with a Cyprus tax residence to sit on a board and turn the stakes in favour of Cyprus tax residence. A director must have both the freedom and acumen to decide, inter alia, independently, how to use capital or assets or the yields therefrom, what and when to make available to the shareholders by way of dividends, to intervene constructively to safeguard the position of the company from potential pitfalls and dangers, and to propose constructive solutions to tangible problems that the company may face such as deadlock or potential creditor claims.
Our directors add real value to your structure by offering effective, high-level appointments of individuals with a proven track record in their respective fields and a demonstrated ability to comprehend and implement complex corporate strategies. Directors appointed by Harneys Fiduciary Cyprus will exercise their duties diligently and responsibly so as to minimise challenges, facilitate double tax treaty access, and meet OECD beneficial ownership and substance requirements.
Our commitment is provide a few, substantive directorships to a limited number of clients, including non-executive directorships in listed companies, in which we can establish an effective, problem-solving interface with the management, adding breadth of experience, local knowledge and a sound skill set to strengthen the board and steer the company to meet its targets.