26 September 2008
I want to know if a company incorporating a new comapny then whether it should go for incorporation of new subsidiary co. or incorporation of new co. as a Joint venture. what are the major advantages or disadvantages of subsidiary or joint venture.
27 September 2008
A subsidiary is one where you will have a majority shareholding and you are in control. In the case of JV it is a partnership with another company to float a new company/firm where you may or may not have control.