Q&A

Question: Why do people use a dual company structure?

Answer:

A dual company structure consists of a holding company and an operating company. Holding the assets in the holding company is a way of protecting your assets in the event that your operating company gets sued. This is, however, not a fool proof method. If you are unsure of how to structure your business in a way that is most beneficial to you, we recommend that you get in touch with an accountant and/or lawyer as soon as possible.

Priscilla Ng

Answered by Priscilla Ng

Priscilla is a lawyer. She practises in the areas of business and commercial law, intellectual property and employment law. In her past work experience, she practised in property law, family law, wills and estates, and civil litigation.

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