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What is a subsidiary company?
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Jun 25, 2024 · In the corporate world, a subsidiary is a company that belongs to another company, which is usually referred to as the parent company or holding company. The parent holds a controlling...
A subsidiary, subsidiary company or daughter company [1] [2] [3] is a company owned or controlled by another company, which is called the parent company or holding company.
A subsidiary is a legal entity controlled by another legal entity. Subsidiaries are often used to facilitate international trade, but also to obtain legal protection and to better control the profitability of a business.
Dec 4, 2023 · A subsidiary is a company whose parent company is a majority shareholder that owns more than 50% of all the subsidiary company's shares. An affiliate is used to describe a company with a...
A subsidiary (sub) is a business entity or corporation that is fully owned or partially controlled by another company, termed as the parent, or holding, company. Ownership is determined by the percentage of shares held by the parent company, and that ownership stake must be at least 51%.
SUBSIDIARY definition: 1. used to refer to something less important than something else with which it is connected: 2. a…. Learn more.
Jun 30, 2020 · A subsidiary company is one that is controlled and at least majority owned by its parent or holding company. A subsidiary company may have its own subsidiaries.
