What is a holding company?

What is a holding company? Why would I want one? If you have a group of companies, you may want to explore the benefits of bringing them under one roof for a number of reasons, such as tax efficiencies, and enhanced corporate presence.

Nicholas Campion, 1st Formations’ resident company expert answers these questions, and also discusses the legal requirements of a holding company, the tax liabilities and potential for tax savings, and how to register one.