Monday, April 15, 2024

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A holding company is a company that legally owns shares in other companies. This is usually an LLC or LP holding sufficient capital in another company to control and manage its activities and profits. Thus, a holding company is often used only to manage another business structure: it can be a corporation, LP or LLC, but not to produce its own goods or provide services. Holding companies can also be used to own some kind of property. Holdings are often used as owners of real estate, intellectual property rights, shares and other assets. If a company is wholly owned by a holding company, it is called a subsidiary. http://www.confiduss.com/en/info/blog/article/holding-company-advantages/

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