Types of Subsidiary and Joint Venture Companies

Types of Subsidiary and Joint Venture Companies

The following table gives you a overview of how the nature of the control varies for your created entity based on the type of relationship with the created entity.

Common Terminology for Entity or AssetOperational ControlFinancial ControlEquity Control
Wholly owned Asset100%100%100%
Group CompanyEquity share
100% if controlled
0% if not
100% if controlled
0% if not
Subsidiary CompanyEquity Share
100% if controlled
0% if not
100% if controlled
0% if not
Franchise CompanyEquity Share
100% if controlled
0% if not
100% if controlled
0% if not
Joint Venture
Equity Share
Equity Share
100% if controlled
0% if not
PartnershipEquity ShareEquity Share
100% if controlled
0% if not
Associated or Affiliated CompanyEquity Share
100% if controlled
0% if not
0%
Financial Leased Asset100%100%100%
Capital Leased Asset
100%
100%
100%
Operating Lease Asset
0%
0%
100% if controlled
0% if not
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