What is a subsidiary? These may be a common question a business owner would ask their attorney when looking at the structure of their business or another businesses structure. In short a subsidiary is a company that is owned or partially owned by another business, and generally the ownership would be such that the business owning the interest could control the other entity. Thus, a subsidiary would have a parent business that owns and controls it.
The video below has been prepared by a Denver business attorney to provide additional information regarding a subsidiary. If you have questions regarding the formation of a business, your current business structure or other business questions, talk with a Denver business attorney at The McGuire Law Firm.
You can schedule a free consultation with a Denver business attorney by contacting The McGuire Law Firm!