Best Business Structure: Holding Companies // KD Professional Accounting Calgary Business Tips

What is the best structure for your business?
Holding Companies: Also, called a parent company, a holding company is a company that owns part, all, or a majority of other companies' outstanding stock.
A holding company may or may not be used for holding other assets and leasing them to an operating company which helps remove important assets from the operating company.
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Timestamps:
00:10 Let's talk about Holding Companies
01:35 Advantages of a holding company
02:18 Disadvantages of a holding company
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[@DivisionRunch]

Thank you for your work

[@DivisionRunch]

So as for the trust you can open it at the bank and you can stocks, bonds and treasury bills from the government

[@kdeducationalcorp.3044]

Hello @DivisionRunch, thank you for your comment! And yes, the trust can have a bank account and investments.