Does the company need a resolution of the shareholders' meeting to set up a subsidiary?

The establishment of a subsidiary requires a resolution of the shareholders' meeting. The establishment of a subsidiary requires pre-approval of the name, and the approved name is retained for six months, and the retention period is non-transferable. When applying for registration, the applicant shall provide an application form, a certificate of the use of the business premises, the articles of association formulated by the shareholders and the shareholders' information.