Is the subsidiary a one-person limited liability company?

Legal analysis: A one-person limited liability company refers to a one-person company, a sole proprietorship company or a sole proprietorship company, and a wholly-owned subsidiary refers to a company with only one corporate shareholders. A wholly-owned subsidiary refers to a subsidiary wholly owned or controlled by a single parent company.

Legal basis: Branch companies can be established in Article 14 of People's Republic of China (PRC) Company Law. 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.