10004.00 Rupee ₹ Advantages of a holding company New York
- Location: New York, New York, NY, United States
A holding company is a company that legally owns (owns) the shares of other companies. This is usually an LLC or LP that owns enough shares of another company to control and manage its operations and profits. The holding company as such is often used only to control another business structure, such as a corporation, LP, or LLC, rather than producing its own goods or 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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