Should I set up a Subsidiary Company?

A few reasons you may be thinking about setting up a subsidiary company:

• You operate overseas - this could be beneficial for tax purposes.
• Two different businesses - you may have two business which is different in terms of objectives and so setting up a subsidiary is a separate legal entity from its parent company.
• Limited liability - since the subsidiary is a separate legal entity, the assets of the parent corporation are protected if the subsidiary goes into debt - SPVs are typically subsidiaries.