In order to be a subsidiary of a company,the subsidiary must be located in a different country than the controlling company.

Question

Quizplus · Accepted Answer

A subsidiary can be located in the same country as the controlling company, as long as it is a separate legal entity and is controlled by the parent company. The key factor in determining whether a company is a subsidiary is the amount of control the parent company has over it, not its location.

In Order to Be a Subsidiary of a Company,the Subsidiary