Why is this normal:
Hong Kong is one of the largest international financial centers with a well-developed corporate services infrastructure. Nominee directors and company secretaries are standard practice for foreign investors here.

Peculiarities:
– Mandatory requirement to have a local company secretary (often provided as a nominee service)
– High acceptance rate of companies with nominee directors by banks
– A developed industry of enterprise service providers
– Companies are used for trade with China, holding structures, intellectual property

Regulation:
Strict KYC requirements and disclosure of beneficial owners in the Significant Control Register (SCR), but information is not public.