Holding Company

2015 07 01 | Category: Offshore Glossary

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Holding Company – A company whose activity is limited to holding and managing investments or property but not having ordinary commercial or trading activities. A company that owns enough voting stock of one or more corporations to control management and operations by influencing or electing its board of directors. A holding company is not engaged in any business other than the ownership of shares. Also called Parent Company. The requirements to achieve holding company status vary in different countries (in particular Liechtenstein, Luxembourg, Nauru and the Netherlands).

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