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Mar 27, 2024 · Updated March 27, 2024. Reviewed by. David Kindness. Fact checked by. Ariel Courage. What Is a Subsidiary? In the corporate world, a subsidiary is a company that belongs to another...
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.
Dec 1, 2023 · A subsidiary is a company that is owned or controlled by a parent or holding company. Usually, the parent company will own more than 50% of the subsidiary company. This gives the parent organization the controlling share of the subsidiary.
Jun 30, 2020 · The company that controls the subsidiary is called a parent company or sometimes a holding company. A subsidiary can be structured as one of several different types of corporate entity and is registered with the state where it resides as a subsidiary of the company that controls it.
subsidiary, a company that is at least 51 percent owned by another business firm, known as a parent company or holding company. A parent company is generally understood to be one that conducts its own business operations apart from those of its subsidiary or subsidiaries, while a holding company is one whose sole function is that of ownership.
