Domestic Subsidiary definition: Copy, customize, and use instantly
Introduction
The term "Domestic Subsidiary" refers to a company that is controlled by another company, typically through the ownership of a majority of shares, and operates within the same country or jurisdiction. It is essential for defining corporate structure, ownership rights, and responsibilities in contracts, particularly in matters of governance and compliance.
Below are various examples of how "Domestic Subsidiary" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.
Definition of "Domestic Subsidiary" as a wholly-owned entity
This definition ties "Domestic Subsidiary" to a company fully owned by the parent company.
"Domestic Subsidiary" means a company incorporated within the same country as the parent company, where the parent owns 100% of the issued and outstanding shares.
Definition of "Domestic Subsidiary" as a partially-owned entity
This definition connects "Domestic Subsidiary" to a company partially owned by the parent company.
"Domestic Subsidiary" refers to a company incorporated in the same country as the parent, where the parent company holds a majority, but not all, of the shares in the subsidiary.
Definition of "Domestic Subsidiary" as a newly-formed company
This definition applies "Domestic Subsidiary" to a company that has recently been created.
"Domestic Subsidiary" means a newly formed company established in the same jurisdiction as the parent, with the parent company holding a controlling interest in the subsidiary.
Definition of "Domestic Subsidiary" as an affiliate company
This definition links "Domestic Subsidiary" to a company that operates as an affiliate, yet remains under the control of the parent company.
"Domestic Subsidiary" refers to a company that is affiliated with the parent company and incorporated in the same country, with control exerted through ownership of a majority of voting shares.
Definition of "Domestic Subsidiary" as a tax group member
This definition connects "Domestic Subsidiary" to a group of companies treated as a single entity for tax purposes.
"Domestic Subsidiary" means a company that is a member of a tax group under local tax laws, with the parent company holding a controlling stake in the subsidiary.
Definition of "Domestic Subsidiary" as an operating division
This definition applies "Domestic Subsidiary" to a division that is effectively controlled as a separate company but remains part of the parent organization.
"Domestic Subsidiary" refers to an operating division of the parent company, incorporated and operating within the same country as the parent.
Definition of "Domestic Subsidiary" as a joint venture entity
This definition ties "Domestic Subsidiary" to a joint venture with a domestic partner.
"Domestic Subsidiary" means a company established within the same country as the parent through a joint venture agreement, with the parent holding a majority share in the entity.
Definition of "Domestic Subsidiary" as a legally distinct entity
This definition connects "Domestic Subsidiary" to a legally distinct, independent entity that is controlled by the parent.
"Domestic Subsidiary" refers to a separate legal entity that operates under the control of the parent company, incorporated in the same jurisdiction as the parent company.
Definition of "Domestic Subsidiary" as a business unit
This definition applies "Domestic Subsidiary" to a distinct business unit operated by the parent company.
"Domestic Subsidiary" means a business unit or entity that operates under the control of the parent company, within the same country of incorporation.
Definition of "Domestic Subsidiary" as a consolidation entity
This definition links "Domestic Subsidiary" to an entity included in the consolidation for financial reporting.
"Domestic Subsidiary" refers to a company that is part of the parent company's consolidated financial statements, incorporated and operating in the same country.
Definition of "Domestic Subsidiary" as a commercial entity
This definition ties "Domestic Subsidiary" to a company engaged in commercial activities.
"Domestic Subsidiary" means a commercial company incorporated within the same country as the parent company, with the parent holding a controlling interest in its management and operations.
Definition of "Domestic Subsidiary" as a subsidiary of a listed company
This definition connects "Domestic Subsidiary" to a subsidiary of a publicly listed parent company.
"Domestic Subsidiary" refers to a subsidiary incorporated within the same country as the parent, where the parent company is publicly traded and holds a majority stake in the subsidiary.
Definition of "Domestic Subsidiary" as a government-owned entity
This definition links "Domestic Subsidiary" to a subsidiary owned or operated by a government entity.
"Domestic Subsidiary" means a subsidiary company incorporated within the same country as the parent, with the parent being a government or government-controlled entity.
Definition of "Domestic Subsidiary" as a family-owned business
This definition applies "Domestic Subsidiary" to a company owned by a family or family trust.
"Domestic Subsidiary" refers to a company incorporated in the same country as the parent, where ownership and control are retained by a family or family trust.
Definition of "Domestic Subsidiary" as a controlled subsidiary
This definition ties "Domestic Subsidiary" to a company where control is exercised by the parent company.
"Domestic Subsidiary" means a company incorporated within the same country as the parent, where the parent company holds sufficient voting power to control the subsidiary's management and operations.
Definition of "Domestic Subsidiary" as a wholly-owned entity
This definition ties "Domestic Subsidiary" to a company fully owned by the parent company.
"Domestic Subsidiary" means a company incorporated within the same country as the parent company, where the parent owns 100% of the issued and outstanding shares.
Definition of "Domestic Subsidiary" as a partially-owned entity
This definition connects "Domestic Subsidiary" to a company partially owned by the parent company.
"Domestic Subsidiary" refers to a company incorporated in the same country as the parent, where the parent company holds a majority, but not all, of the shares in the subsidiary.
Definition of "Domestic Subsidiary" as a newly-formed company
This definition applies "Domestic Subsidiary" to a company that has recently been created.
"Domestic Subsidiary" means a newly formed company established in the same jurisdiction as the parent, with the parent company holding a controlling interest in the subsidiary.
Definition of "Domestic Subsidiary" as an affiliate company
This definition links "Domestic Subsidiary" to a company that operates as an affiliate, yet remains under the control of the parent company.
"Domestic Subsidiary" refers to a company that is affiliated with the parent company and incorporated in the same country, with control exerted through ownership of a majority of voting shares.
Definition of "Domestic Subsidiary" as a tax group member
This definition connects "Domestic Subsidiary" to a group of companies treated as a single entity for tax purposes.
"Domestic Subsidiary" means a company that is a member of a tax group under local tax laws, with the parent company holding a controlling stake in the subsidiary.
Definition of "Domestic Subsidiary" as an operating division
This definition applies "Domestic Subsidiary" to a division that is effectively controlled as a separate company but remains part of the parent organization.
"Domestic Subsidiary" refers to an operating division of the parent company, incorporated and operating within the same country as the parent.
Definition of "Domestic Subsidiary" as a joint venture entity
This definition ties "Domestic Subsidiary" to a joint venture with a domestic partner.
"Domestic Subsidiary" means a company established within the same country as the parent through a joint venture agreement, with the parent holding a majority share in the entity.
Definition of "Domestic Subsidiary" as a legally distinct entity
This definition connects "Domestic Subsidiary" to a legally distinct, independent entity that is controlled by the parent.
"Domestic Subsidiary" refers to a separate legal entity that operates under the control of the parent company, incorporated in the same jurisdiction as the parent company.
Definition of "Domestic Subsidiary" as a business unit
This definition applies "Domestic Subsidiary" to a distinct business unit operated by the parent company.
"Domestic Subsidiary" means a business unit or entity that operates under the control of the parent company, within the same country of incorporation.
Definition of "Domestic Subsidiary" as consolidation entity
This definition links "Domestic Subsidiary" to an entity included in the consolidation for financial reporting.
"Domestic Subsidiary" refers to a company that is part of the parent company's consolidated financial statements, incorporated and operating in the same country.
Definition of "Domestic Subsidiary" as a commercial entity
This definition ties "Domestic Subsidiary" to a company engaged in commercial activities.
"Domestic Subsidiary" means a commercial company incorporated within the same country as the parent company, with the parent holding a controlling interest in its management and operations.
Definition of "Domestic Subsidiary" as a subsidiary of a listed company
This definition connects "Domestic Subsidiary" to a subsidiary of a publicly listed parent company.
"Domestic Subsidiary" refers to a subsidiary incorporated within the same country as the parent, where the parent company is publicly traded and holds a majority stake in the subsidiary.
Definition of "Domestic Subsidiary" as a government-owned entity
This definition links "Domestic Subsidiary" to a subsidiary owned or operated by a government entity.
"Domestic Subsidiary" means a subsidiary company incorporated within the same country as the parent, with the parent being a government or government-controlled entity.
Definition of "Domestic Subsidiary" as family-owned business
This definition applies "Domestic Subsidiary" to a company owned by a family or family trust.
"Domestic Subsidiary" refers to a company incorporated in the same country as the parent, where ownership and control are retained by a family or family trust.
Definition of "Domestic Subsidiary" as a controlled subsidiary
This definition ties "Domestic Subsidiary" to a company where control is exercised by the parent company.
"Domestic Subsidiary" means a company incorporated within the same country as the parent, where the parent company holds sufficient voting power to control the subsidiary's management and operations.
Definition of "Domestic Subsidiary" as an acquired entity
This definition connects "Domestic Subsidiary" to a company that was acquired by the parent.
"Domestic Subsidiary" refers to a company that was acquired by the parent company, incorporated within the same country as the parent, and is now under the parent’s control.
Definition of "Domestic Subsidiary" as an investment entity
This definition applies "Domestic Subsidiary" to a company used for investment purposes.
"Domestic Subsidiary" means a company incorporated within the same country as the parent, with the primary purpose of holding investments or managing the parent’s investments.
Definition of "Domestic Subsidiary" as a subsidiary with management oversight
This definition ties "Domestic Subsidiary" to a company where the parent exerts management oversight.
"Domestic Subsidiary" refers to a subsidiary incorporated in the same country as the parent, with the parent maintaining direct oversight over management and operations.
This article contains general legal information and does not contain legal advice. Cobrief is not a law firm or a substitute for an attorney or law firm. The law is complex and changes often. For legal advice, please ask a lawyer.