Flatfeecorp.com is inviting you to serve as a local resident director - No experience required, as long as you are a locally licensed attorney or accountant! Training on Flatfee Local Resident Director process and platform is provided at no cost!
What is a Local Resident Director?
A local resident director is there to help a foreign owned company in your local country to manage certain local affairs to fulfill corporate responsibilities. This type of role is strictly non-executive and exists solely to satisfy a country's legal and regulatory requirements. The local resident director needs to comply with the local laws and regulations on serving as a director but no operational obligations and responsibilities.
Qualifications
Skills:
Duties of This Role
Duties will depend on a company’s needs and available resources in the country. Duties may include the following:
Risk Mitigation
In order to ensure utmost compliance and lower potential risks for both our local resident directors and clients Flatfee has established the following requirements in order to accept a local resident directorship service request:
A. Our client's business must be clear and compliant
B. All Flatfee local resident directors must pass a background check (as allowed by local law)
C. Our client must issue indemnification to Flatfee as well as the local resident director as part of the appointment
D. The local resident director will act based on the local law in terms of voting, but the client will have the control of the board
E. Flatfee will engage a local attorney to ensure contract between client and the local resident director includes terms for local formalities that clearly address requirements, responsibility and liability of each party per local laws and regulations
Time Commitment
This is a contract opportunity to earn additional income. Hours available are based on number of client orders and projects, but in general much less than 5 hours a month with the exception of the on-boarding.
Benefits
We Want
Who We Are
We have developed a system to facilitate marketing, process management, recruiting, training, and knowledge sharing as well as customer relationships with various local market places hosting small and mid-sized companies. We support business owners seeking to expand internationally with budget certainty and quality assurance.
How We're Different