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Partitioning your company into legal entities is like creating folders on your hard drive. Yes, shielding one entity from liabilities in another can be one reas
by speleding 5y ago
Partitioning your company into legal entities is like creating folders on your hard drive. Yes, shielding one entity from liabilities in another can be one reason to make a partition, but I really don't think that's the main driver here. It just helps your administration to group stuff logically.
For a company the size of Uber it would become a mess if they had one entity that worked in dozens of countries. Are you suggesting they should do that?