Definition

Holding company (Ro.: holding financiar, Fr.: société de portefeuille, n.f., Gr.: μητρική εταιρία, Cz.: holdingová společnost) (See also: conglomerate, double taxation, parent company) = a company which owns enough shares of other companies, in order to manage and control them, without actually having operations of its own, and without supplying any goods or services. 

 

Useful links

Legislation

https://www.law.cornell.edu/uscode/text/12/1467a - Regulation of holding companies, U.S. Code, USA [English]

http://www.legislation.gov.uk/ukpga/2006/46/section/1159 - Companies Act 2006, UK [English]

Organisations and associations

http://www.naic.org/store/free/MDL-440.pdf - Insurance Holding Company System Regulatory Act, National Association of Insurance Commissioners (USA)

https://www.fdic.gov/regulations/laws/rules/6000-2100.html#fdic6000ceb101 – Amendments to the Bank Holding Company Act of 1956, Federal Deposit Insurance Corporation (USA)

Online Publications 

http://smallbusiness.chron.com/difference-between-parent-company-holding-company-17310.html - Aldridge, Christine, What is the difference between a holding company and a parental company?, smallbusiness.com

http://www.mondaq.com/canada/x/134060/Directors+Officers+Executives+Shareholders/Understanding+Holding+Companies – Rudderham, June, 2011, Canada: Understanding Holding Companies, mondaq.com

http://www.out-law.com/en/topics/tax/international-tax-/tax-issues-for-uk-holding-companies/ - 2014, Tax issues for UK holding companies, out-law.com

Publications

Daems, Herman P., 2012, The holding company and corporate control, Leiden, Springer Science & Business Media

Eicke, Rolf, Tax Planning with Holding Companies - Repatriation of US Profits from Europe: Concepts, Strategies, Structures, Alphen aan den Rijn, Kluwer Law International

 

By Mădălina Moldovan