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Here is the step-by-step guide on how to set up an LLC holding company or umbrella company in 2024. First off, you need to know that an umbrella company is basically a business entity that controls multiple businesses at once. Book a Tax Services Discovery Call: https://schedule.lyfetaxes.com/discov... Timestamps: Joke Intro (0:00) What is a holding company? (0:15) Holding vs Subsidiaries companies (1:05) Step #1 (1:30) Step #2 (2:30) Step #3 (4:09) Should you start an umbrella company? (6:44) This is part 2 of this video, "should you create an LLC holding company?" - • Should You Create an LLC Holding Comp... More Popular Uploads: 5 Grants to Start a Small Business: • 5 Grants to Start a Small Business (f... Single Member LLC, What You Must Know: • Single Member LLC: What You Need to K... Tax Planning for Beginners: • How to Build a Tax Plan (Tax Planning... Tax Secrets: • Tax Secrets: What “They" Don’t Want Y... How to Start a Business: • How to Start a Business in 2024: Your... Please be sure to give this video a like and subscribe to our channel so you don't miss out on future videos! /// Disclaimer: The information provided in this video is for informational purposes only and is not meant to take the place of professional legal, accounting, or financial advice. If you have any legal questions about this video or the subjects discussed, or any other legal matter, you should consult with an attorney or tax professional in your jurisdiction (i.e. where you live).