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Subsidiary

Subsidiary

A subsidiary is a company controlled by another company, the parent company.

What is a subsidiary?

A subsidiary is a limited company controlled by a parent company, usually because the parent owns more than half of the votes. Together they form a corporate group.

 

Ownership in a subsidiary

Each subsidiary must keep its own share ledger. In larger corporate groups ownership quickly becomes complex, and NVR makes it easy to keep all the companies' shareholder registers up to date in the same view.

NVR for corporate groups
Henrik Kristensen, NVR
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Related terms

Parent company

A parent company is a company that owns and controls one or more subsidiaries.

Corporate group

A corporate group is a group of companies where a parent company owns one or more subsidiaries.

Voting rights

Voting rights are a shareholder's right to vote at the general meeting, often depending on share class.

Share ledger

A share ledger is a record of a company's shares and who its shareholders are.