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Benefits of Using a Holding Company | 4 Reasons To Consider A Holding Company For Your Business

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hi my name is Steve Parr and I'm a

Vancouver business lawyer and today

we're gonna talk about holding companies

what they are and why you might benefit

from having one of them in your small

business structure so holding company is

a little bit different than your typical

operating company so in a holding

company it's not selling anything

they're not is not taking in revenue

doesn't have expenses or payroll it's

not really a business in that sense of

the word instead what a holding company

does is that it holds assets so it holds

assets for tax reasons and for liability

reasons and we're gonna get into all of

that in just a minute so typical assets

of a holding company are other companies

so a holding company may hold one or

multiple different operating companies

or it may hold real estate assets or it


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