Can LLP be a subsidiary of a company Can LLP be a subsidiary of a company: In the majority of legal jurisdictions, it is not permissible for a Limited Liability Partnership to function as a subsidiary of a company. An LLP is typically a distinct legal entity and a separate business structure from a company.… Read More »
Procurement report Procurement report is typically reports to the following departments or positions within an organization: 1. Supply Chain Management: In many organizations, procurement is a part of the broader supply chain management function. Procurement teams collaborate closely with supply chain management teams to ensure the timely and cost-effective sourcing, purchasing, and delivery of… Read More »
OPC have Subsidiary Company Yes, an One Person Company (OPC) have subsidiary company. The concept of a subsidiary company involves a parent company owning a majority stake or controlling interest in another company. While an OPC is formed with a single individual as its member, there is no restriction on the OPC owning or… Read More »