Hi. How can you set up holding company? Is that the same as setting up a normal LTD? If so, what SIC code to be used? Also can u put the exisiting LTD under a new Holding company?
@@T.N.L It’s quite easy to form a holding company either directly with Companies House, via an on line agent or by using an accountant or lawyer. There are multiple SIC codes that can be used depending on the type of activities of the subsidiaries eg 64201 - agricultural holding companies or 64204 distribution. The shares in an existing trading company can be transferred to a holding company but you ought to seek accountancy and legal advice first.
Hi. How can you set up holding company? Is that the same as setting up a normal LTD? If so, what SIC code to be used? Also can u put the exisiting LTD under a new Holding company?
@@T.N.L It’s quite easy to form a holding company either directly with Companies House, via an on line agent or by using an accountant or lawyer. There are multiple SIC codes that can be used depending on the type of activities of the subsidiaries eg 64201 - agricultural holding companies or 64204 distribution. The shares in an existing trading company can be transferred to a holding company but you ought to seek accountancy and legal advice first.