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Holdings Llc Company  Form

Holdings Llc Company Form

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hi this is the business guy so what's a holding company and how do you set one up a holding company is a parent company usually a corporation or LLC that holds the majority ownership interest in other companies and as you'll see I found that using an LLC as a holding company offers better legal protection in my 32 years of experience in the legal world it's like the trunk of a tree the tree trunk has many branches and each branch represents a subsidiary company it's also called a parent company a parent with many children we're also going to talk about some huge benefits and a few disadvantages of having a holding company the best jurisdiction to form it and stay to the end to find out how to set up a holding company and be sure to subscribe to keep up to date on new videos like this let's break it down purpose the purpose of a holding company is to control other companies and benefit from the profits sometimes without direct involvement

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