Relationship between subsidiary and parent company

The relationship between subsidiary and parent company is subsidiary. A subsidiary is established by the parent company and independently bears civil liability according to law. Legally, a subsidiary is an independent legal person and engages in business activities in its own name. The parent company has different degrees of control over its subsidiaries, and the relationship between them is based on the share possession or control agreement. The establishment of a subsidiary must meet the conditions for establishment stipulated by law and go through the corresponding establishment procedures.

legal ground

Article 14 of the Company Law of People's Republic of China (PRC) * * A company may set up branches. The establishment of a branch company shall apply to the company registration authority for registration and obtain a business license. A branch company does not have legal person status, and its civil liability shall be borne by the company. A company may set up subsidiaries, which have legal personality and independently bear civil liabilities according to law.

skill

The above answer is only for the current information combined with my understanding of the law, please refer carefully!

If you still have questions about this issue, I suggest you sort out relevant information and communicate with professionals in detail.