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    1 Reply Latest reply on Apr 29, 2009 6:45 AM by LUCKIEST

    Umbrella Corporation - and it's smaller subsidiary companies

    Kyasin Newbie

      I am starting up my own Clothing line Inc. at this time , and my uncle who has his own companies offered to be my investor/ partner.


      He has been looking into starting up his own umbrella corporation, to shelter it's smaller subsidiary companies with a variety of services, and resources. He has asked me If I would be interested in having my clothing line underneath his umbrella corporation.


      Would this be a good desicion for me to make?


      Are Umbrella corporations created the same way regular corporations are?


      and If I do choose to become a part of this umbrella corporation, would I still take the regular steps to incorporate my clothing line or does the process change.