Subsidiary: Glossary Definition
Definition of Subsidiary:
A corporation or LLC that is either wholly owned or majority owned by another corporation or business entity.
Ask an expert!
Today’s Question — Friday, March 12
Must stockholders of my corporation be issued stock certificates?
It depends. The bylaws of the corporation and applicable law should be reviewed to determine if stock my be “certificated” or if it can be “uncertificated.”
Filings Made Easy on Twitter
- When #forming a new #business, create an Advisory Board of industry experts and experienced #entrepreneurs http://bit.ly/910mgs
- Do you have a question about forming an #LLC or #corporation or about #registered agent services? Ask us!
- New privacy laws go into effect today in MA. If you collect SS#, driver's license #, credit card or financial account info, you must comply
- When forming a new business, payroll and entity formation should be outsourced to allow focus on operations.