Establish Holding Company- Know its Purpose

A holding company usually does not manufacture or sell any service or product and does not conduct business operations but it holds stock and membership interests in various different companies. The main purpose to establish holding company lies in the fact of how it can be used.  A holding company structure is usually popular withContinue reading “Establish Holding Company- Know its Purpose”

Why Register Holding Company and What Are Its Benefits?

A register holding company is fundamentally a parent corporation which owns a controlling interest in a supplementary company (or multiple subsidiary companies). According to section 1159 (1) of the Companies Act 2006 entitled Meaning of subsidiary etc: holds a mainstream of the voting rights in it, or is a member of it as well asContinue reading “Why Register Holding Company and What Are Its Benefits?”

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