How to add a subsidiary company

Before you start

You'll need an existing holding company on your account. The option to design a subsidiary only appears if you already have one.

Setting up your subsidiary

1. Start creating a new company, for example by adding a company to your portfolio. Confirm that it's for an investment property and that you meet the age requirement.
2. On Design your company, you'll reach the Choose your company structure screen.
3. Switch the toggle to Holding and subsidiary.
4. A box appears asking "Want to add to your Holding Company?" Click Design a subsidiary.
5. In the pop-up, select the controlling holding company, the one that will own 100% of your new subsidiary. Then click Add Subsidiary.
6. Enter your solicitor details. This is the only design step for a subsidiary, since the holding company is the sole owner.
7. On the Review screen, you'll see the company type listed as Subsidiary Company, along with the holding company's name and number.
8. Back on the tracker, select Add a property, then Set up subscription (or Confirm subscription update if you're already on a plan) to pay.

When you won't see this option

• You don't have a holding company yet. The Design a subsidiary box only appears if you already have a holding company on your account. If you don't, choosing Holding and subsidiary will instead set up a brand-new holding company along with a subsidiary.
• Your holding company has a structure change request in progress. A holding company with a pending structure change can't be selected as the owner. These are listed separately in the pop-up, with an explanation of why they're unavailable.