A Holding Company is a parent corporation, limited liability company or limited partnership that owns enough voting stock in another company to control its policies and management.

A holding company exists for the sole purpose of controlling another company, which might also be a corporation, limited partnership or limited liability company, rather than for the purpose of producing its own goods or services.

Holding companies also exist for the purpose of owning property such as real estate, patents, trademarks, stocks and other assets. If a business is 100% owned by a holding company, it is called a wholly owned subsidiary.

There are a number of benefits provided by a Holding Company which are not always known. These benefits include asset protection and the mitigation of financial, legal and tax liability.

Please contact us and we can explore how a Holding Company might be relevant and beneficial to your circumstances.