English
1/ a “group” is a set of companies comprising of the
parent company and all its domestic and foreign
subsidiaries, unless otherwise provided by law.
2/ a “subsidiary” is a company subjected to the control of
another company, the “parent” company, either
directly or indirectly through another company.
3/ a “parent” is a company that has subjected another
company to control either directly or indirectly
through the instrumentality of another company.
4/ the term “control” shall have the meaning provided
under Article 552 for the purpose of Sub-Article
(2) and
(3) of this Article.
5/ for the purpose of this Title “company” shall mean a
share company, private limited company, one person
private limited company and as appropriate any other
business organizations registered abroad that is of
similar nature with these.
