Cheryl L Mullin's Answers

Cheryl L Mullin
Richardson Franchise Lawyer.
Contributor Level 6

2

Attorney answers:

  1. Cheryl L Mullin
  2. Benjamin James Sowards

Incorporation - several companies under 1 incorporated name structure???

Asked by a user in Canada, KY - almost 3 years ago.

What you are describing is a holding company, which can be a corporation or a limited liability company. Under a typical structure, you would own all of the interest in the holding company. You would then form subsidiary companies (which again could be corporations or limited liability companies), and your holding company would own all of the interests in the subsidiary companies. Whenever setting up entities for multiple businesses, however, you should consult your accountant, as the...