A holding company is set up for the purpose of owning assets, shares in other companies and/or to manage or supervise other companies. It is sometimes referred to as a ‘parent’ company. A company whose majority shareholder is another company is known as a subsidiary of that company.
Register a holding company online in 3 hours
Setting up a holding company is the same as setting up any other kind of private company limited by shares. You will have to complete an application form for Companies House with the following information:
- Company name.
- Registered office address.
- Standard Industrial Classification codes (max. four)
- Directors’ details – minimum of one required.
- Shareholders’ details – minimum of one required.
- Statement of capital.
- Memorandum and articles of association.
- People with significant control (PSCs).
The quickest and most affordable way to register a new company is through an authorised company formation agent. Rapid Formations is one of the UK’s leading company formation specialists, providing online registration with Companies House in just 3 working hours.
The entire process is carried out online, and all information and documentation is submitted to Companies House securely via Software Filing. You will receive your incorporation documents as soon your application is approved, and your new company will be ready to trade immediately.
Including the word ‘holding’ in a company name
Until recently, the word ‘holding’ was included on the list of sensitive words and expressions under The Company, Limited Liability Partnership and Business (Sensitive Words and Expressions) Regulations 2014. Since 31st January 2015, there is no need to seek permission from the Secretary of State at Companies House to include the word ‘holding’ in a company name.