Iteleti ReMed, Medical Division of HVOKC Cleaning Technologies, LLC
Subsidiary Company or Subsidiaries and Global Partners
A subsidiary is a company with voting stock that is more than 50% controlled by another company, usually referred to as the parent company or the holding company. A subsidiary is partly or completely owned by the parent company, which holds a controlling interest in the subsidiary company
Parent Company (Holding Company)
A parent company, sometimes called a holding company, is a company that owns enough voting stock in another firm to control management and operation by doing and influencing or electing its board of directors, that has subsidiaries, which are wholly or partially-owned separate businesses also known as the second company, which is deemed a subsidiary of the parent company. Using holding and operating companies is an asset protection planning strategy that helps to limit liability risks in your business structure.