Business Description
A subsidiary company is a company which is partially or fully owned by the parent company which is a part of large corporation that parent company is situated with headquarters in another country. Subsidiary company is a company whose common stock more than 50% is controlled by parent company. Foreign subsidiary companies are incorporated under the laws of the country where it is located.
Advantages of Foreign Subsidiary:
1. The operational and strategic control of parent company can exercise over its subsidiary.
2. Parent company can send its executive to manage its subsidiaries.
3. Less risk of losing Intellectual Property to subsidiaries
4. Cost synergies are possible because a parent and its subsidiaries could use common financial systems
Further more details contact or visit us at below:
Website: www.businesswindo.com
E-mail:
[email protected]
Phone: 080-8822-1111
Address:- No. 1297, 2nd and 3rd Floor,
30th Main Banashankari 2nd Stage,
Bangalore - 560070
