Deep Blue provides its customers nominee services – to act as the nominee shareholders and/or directors. Nominee can hide the corporate information and at the same time, to protect the personal privacy of shareholders and directors. Peoples are not easy to assess the information about the company's shareholders and directors. Public data shows the trustee information merely.
The nominee has to, at first sign a declaration of trust to the principal (the actual beneficiaries) to protect the principal's right. The Declaration statement includes:
i. The manner as directed by the beneficiary to handle the dividend from the shares.
ii. As indicated by the beneficiary, to vote at the general meeting or arrange for its nominee to attend and vote thereto, if no such direction, the trustee will not vote.
iii. At the request of the beneficiary, the shares will be transferred to the designated target within a specific time period.
The Nominee and the Principal will enter into an agency agreement to ensure that the nominee must act in accordance with the principal’s instructions, so as to protect its interests. On the other hand, the principal must sign an exemption liability agreement to secure the nominees when exercising the given instructions is free from suffer any losses.