{"id":10628,"date":"2023-09-23T11:49:31","date_gmt":"2023-09-23T10:49:31","guid":{"rendered":"https:\/\/www.qualitycompanyformations.co.uk\/blog\/?p=10628"},"modified":"2024-05-17T15:42:49","modified_gmt":"2024-05-17T14:42:49","slug":"set-up-subsidiary-company","status":"publish","type":"post","link":"https:\/\/www.qualitycompanyformations.co.uk\/blog\/set-up-subsidiary-company\/","title":{"rendered":"Why would I set up a subsidiary company?"},"content":{"rendered":"
\n Last updated: 17 May 2024<\/strong>\n <\/div>\n \n

A subsidiary company is an incorporated company that is owned or controlled by another business, referred to as the parent or holding company. Setting up a subsidiary is a worthwhile consideration if you are looking to expand into new markets, or diversify the products or services that your existing company sells.<\/p>\n

In this post, we explain what a subsidiary company is, discuss the most common reasons why some businesses create them, and outline the steps required to set up a subsidiary company in the UK.<\/p>\n

What is a subsidiary company?<\/h3>\n

Subsidiary companies are normal limited companies in which at least one other company has a controlling interest. A company becomes a subsidiary as a result of:<\/p>\n