What is the difference between a director and a shareholder?

The director is the person who manages the offshore company on behalf of the true owner. This person is responsible for signing contracts, acting as an intermediary, liaising with the tax authorities, and signing documents with clients or corporate contracts. They are appointed by the shareholder or by resolution of the board of directors. An offshore company may have several directors or even just one. The shareholder is the true owner of the offshore company and the true hidden beneficiary.