Q: What is a group company?

A: A group company refers to an enterprise legal person consortium composed of parent company, subsidiary company, shareholding company and other members, with capital as the main link, parent company as the main body and the articles of association of the group as the norm.

Q: What are the advantages of registering a group company?

A: Tax planning to reduce taxes and fees: each subsidiary may be engaged in different businesses in different regions, and the profits of various businesses within the group can be transferred to subsidiaries with lower tax rates to achieve the purpose of paying the lowest taxes and fees.

Improve the credit line of banks: the consolidated statements of various businesses within the group are bigger, which will win the attention of banks, enhance the negotiation ability with banks, gain bank support and enhance the credit rating.

Lower cost: save people, money and hardware investment;

Higher efficiency: high communication efficiency, improved processes and mechanisms, and ultimately improved operational efficiency;

Smaller risk: the risk inspection and control points are correspondingly converged, and the cost of risk management is correspondingly reduced;

Wider knowledge diffusion: after concentration, it is more beneficial to the accumulation and diffusion of knowledge.

Q: how to complete the registration of group companies?

A: The registration of a group company is a matter of rigorous work and complicated documents, so it is particularly important to choose an organization with professional qualifications to handle it.

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