In general, a parent corporation is a corporation that would own the stock or interests in another corporation or business such that the entity can control the other business. As a business attorney, I am often asked, what is a parent corporation? Further, many business owners will inquire as to whether a business structure with a parent corporation could be beneficial to their business for tax purposes, business purposes and/or asset protection purposes.
The video below has been prepared by a Denver business attorney to provide information regarding a parent corporation. You can contact The McGuire Law Firm to schedule a free consultation with a Denver business attorney.
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