Business Holding Company 교육 과정

Module 1: Introduction to Holding Companies

1.1 Definition and Types of Holdings:

• What is a holding company? Concept and structure.
• Difference between a holding company and an operating company.
• Types of holdings: financial, industrial, and mixed. 

1.2 Advantages and Disadvantages:

• Tax and management benefits.
• Risk reduction.
• Potential for conflicts of interest and administrative complexity.

Module 2: Legal and Tax Framework

2.1 Legal Requirements for Incorporation:

• Common legal forms (Inc., LLC, S.A., etc., adapted to local context).
• Process of incorporation and registration. 

2.2 Tax Regime for Holding Companies:

• Tax consolidation.
• Exemptions on dividends and capital gains.
• Tax treatment of interest.

Module 3: Creation and Operation

3.1 How to Work with Subsidiaries:

• Acquisition of shares/stakes.
• Creation of new subsidiaries.
• Shareholders' agreements and control agreements. 

3.2 Management Strategies:

• Synergies between subsidiaries.
• Treasury optimization and cash flow management.
• Business reorganization and restructuring.
• Governance policies and internal control.

Module 4: Practical Cases and Examples

4.1 Analysis of Successful Holding Companies:

• Examples of companies with a holding structure (e.g., Google/Alphabet, Inditex).
• Lessons learned. 

4.2 Practical Exercise:

• Simulation of a holding company incorporation.
• Decision-making in subsidiary management.