The differences between parent company and subsidiary company are as follows:
1, the two concepts are different. The parent company refers to a company that owns more than a certain percentage of shares in another company or can actually control another company, while the subsidiary company refers to a company that owns more than a certain percentage of shares in another company or is actually controlled by another company in the form of an agreement;
2. The subsidiary is actually controlled by the parent company, which has the right to decide all major matters of the subsidiary, and the parent company can decide the composition of the board of directors of the subsidiary, or directly exercise the power to appoint directors of the board of directors;
3. The relationship between subsidiaries and parent companies is mainly based on the control or possession of shares.
A registered company needs to:
(1) Articles of Association, company name, organization and company domicile;
(2) Shareholders with corresponding capacity for civil conduct may subscribe for the capital contribution stipulated in the articles of association;
(3) Application materials such as application for registration of establishment.
A registered company needs the following materials:
1. Identification certificates of investors, legal representatives and supervisors;
2. Completed articles of association;
3. Office lease contract or sales contract and ownership certificate;
4. Application form for establishment registration and other application forms.
I hope the above content can help you. Please consult a professional lawyer if you have any other questions.
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.