Closing a holding but not subsidary

English Boards Community Support
1

Hi im just checkin if i can close down my holding company without closing down the subsidary ?

Thanks

2

A subsidiary always belongs to a holding - so if you close your holding, the subsidiary will be closed too.

3

Technically I guess you could do this:

  • Sell the subsidiary to a friend, who is willing to buy it.

  • Liquidate

  • Buy it back, when you can afford it.

I think that’d work. At least in theory…

4

And how do you want to buy it when there is no holding?

5

If you liquidate, and restart - then you can buy it back, after you accumulated enough money.