Hi, I need to create a new subsidiary (Company B) ...
# oneworld
h
Hi, I need to create a new subsidiary (Company B) and would appreciate any help on determining whether it should be structured as a child of Company A or a sibling subsidiary of Company A? Our current organizational structure is as follows: * Top Level: Parent Company * Top Level (-1): 1. Company A 2. Elimination Subsidiary Could you please share some insights on the key considerations for making this decision?
r
I'd set it up in the way the legal entity exists in "real life." ie if legally it's a child of Company A, then set it up as such. If it's not and it's just another entity you want to do consolidated reporting on with Company A, then you'd probably want to make it a sibling.
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