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A holding company is a company legally holding (owning) shares of other companies. Usually it is an LLC or LP holding enough capital shares of another company in order to control and manage its activity and profits. A holding company as such is often used only to control other business structure: it may be a corporation, LP or LLC, rather than producing its own goods or providing services. Holding companies may also be used to own some kind of property. Holdings are often used as owners of real estate, intellectual property rights, stocks and other assets. In case a company is fully owned by a holding company, it is called a subsidiary company.