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What is an Ultimate Holdings Company?

MirkoMirko Alumni Posts: 2,601 ✭✭
edited November 2016 in Reckon Docs FAQs
What is an Ultimate Holdings Company?

If this company is owned  or controlled by another company by way of shares, deed or other device, then either that company, or the ‘top level” company, if a higher one exists, that owns or controls it, must be listed as the Ultimate Holding Company. Generally, if this company’s shareholders are natural people you will not need to nominate an Ultimate Holding Company.

If there is an Ultimate Holding Company you must include its Australian A.C.N or ABN, or if it is not an Australian company, then its country or registration.
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