Company statute

A holding company is a company or corporation that owns shares traded for other companies. The term often refers mainly to a company that does not produce goods or services on its own, but only to acquire shares of other companies. The holding company usually owns the majority of the shares in the subsidiary [2].

According to the British Encyclopaedia, a holding company can be defined as a company that has enough shares to vote in one or more other companies to control those companies. A distinction can be made between two types of holding companies: a company that exists only for this purpose and is called a pure holding company (pure) and a company engaged in business (on its own) and is called an operational holding company. A holding company usually owns the majority of the equity in the subsidiary but sometimes a small shareholding in the equity may be sufficient to give control to the holding company (if the remaining shares are widely held) [3].

Comparative commercial laws differed in relation to the definition of this company, but the main element of the uncontested definition is that the main purpose of this company is to participate in the capital of one or several other companies for control. These companies are controlled by " . Some laws require that the purpose of a holding company be limited to the sole purpose of contributing to the capital of other companies for the purpose of controlling it and managing the portfolio of securities it owns in the subsidiaries. It does not allow them to engage in any other economic activity, and some of the laws allow the holding company to do business In addition to the primary purpose of participation in other companies. Some commercial law jurists believe that the holding company is a legal phenomenon of economic concentration between enterprises. It is a means of gathering companies, which is in fact a legal framework for concentration on the basis of supervision in management and participation in capital