Shuraa Business Setup12 Feb, 2024Business
A holding company is basically a corporation that owns and controls subsidiary business entities. Let’s understand it with an example – If you own a wellness clinic and want to sell supplements in a retail store, along with publishing a fitness magazine, then it would be ideal to set up holding company in Dubai. Although it won’t involved in any operations or manufacturing activities, it will own the shares and control the operating companies. In addition, the holding company owner will also be able to avail the advantages of doing business in Dubai.
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