Subsidiary:
Subsidiary is a legal concept corresponding to the parent company, which refers to a company whose shares are held by another company or actually controlled by another company through an agreement. A subsidiary company has the status of a legal person and can bear civil liability independently.
Branch:
Branch refers to the branch under the jurisdiction of the head office in terms of business, funds and personnel. Not qualified as a legal person. As a branch of the head office, it has no legal and economic independence and does not have the qualification of an enterprise legal person.
Holding company:
Holding company refers to a company that controls a company by holding a certain number of shares. Holding companies are divided into pure holding companies and mixed holding companies according to their holding methods.
2. Different conditions
Subsidiary:
The establishment of a subsidiary requires that the shares meet the statutory qualification and number limit, and the shareholders make the same contribution, reaching the statutory minimum capital. Shareholders are required to formulate articles of association, determine the company name in the form of a limited liability company and form a company organization.
Branch:
The registered items of the company include: name, business place, person in charge and business scope. Moreover, the name of the branch shall conform to the relevant provisions of the state, and the business scope shall not exceed the business scope of the company.
Holding company:
5 holding subsidiaries with registered capital of more than 50 million yuan; The total registered capital of the parent company (holding company) and subsidiaries (holding company) exceeds1000000 yuan.
3. Different legal status
Subsidiary:
A subsidiary is an independent legal person. Subsidiaries are economically dominated and controlled by the parent company, but they have independent legal personality in law. Their independence is mainly manifested in: having an independent company name and articles of association; Having an independent organization; Have independent property.
Be able to be self-financing and independent accounting; Conduct various civil activities in its own name; Independently bear all the consequences and responsibilities brought by the company's actions.
Branch:
According to the needs of production and operation, the company may set up branches. A branch is an integral part of the head office as opposed to the head office. No matter economically or legally, the branch is not independent.
Holding company:
The parent company and the holding subsidiary are independent of each other in legal form, and the system of concurrently serving as directors is adopted on the basis of capital merger.
Baidu encyclopedia-subsidiary
Baidu encyclopedia-branch
Baidu encyclopedia holding company