It is required that you appoint a Faroese processing agent. The agent will help you get the Faroese company registered with the Faroese Company Registration Authority and provide the mandatory Faroese company address.
However, if a board member or the manager of the Faroese company is a Faroese national, it is not necessary to appoint a Faroese processing agent.
See a list of processing agents here:
ASG Sp/f
Maritime Consultant & Surveyors
asg@asg.fo Tel. +298 782500
This list may not be exhaustive.