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Skat. teikumu

English translation: SIA YYY holds 100% of the SIA XXX shares

09:27 Nov 22, 2012
Latvian to English translations [PRO]
Bus/Financial - Finance (general)
Latvian term or phrase: Skat. teikumu
Lūdzu, palīdziet sakarīgi un daiļskanīgi pārtulkot šo teikumu:

SIA "xxx" akciju īpašniece 100% apmērā ir SIA "YYY"
Kristine Sprula (Lielause)
Latvia
Local time: 18:15
English translation:SIA YYY holds 100% of the SIA XXX shares
Explanation:
Viens no variantiem. Vismaz es to tulkotu šādi.
Selected response from:

Ines Burrell
United Kingdom
Local time: 16:15
Grading comment
Paldies!
4 KudoZ points were awarded for this answer



Summary of answers provided
3 +3SIA YYY holds 100% of the SIA XXX shares
Ines Burrell
5SIA xxx is a wholly owned subsidiary of SIA YYY.
Valters Feists
4LTD "YYY" is a sole shareholder of LTD "xxx"
VEIKMANE DAIGA


  

Answers


5 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +3
SIA YYY holds 100% of the SIA XXX shares


Explanation:
Viens no variantiem. Vismaz es to tulkotu šādi.

Ines Burrell
United Kingdom
Local time: 16:15
Works in field
Native speaker of: Native in LatvianLatvian, Native in RussianRussian
PRO pts in category: 4
Grading comment
Paldies!

Peer comments on this answer (and responses from the answerer)
agree  Gunita Bauere
4 mins
  -> Paldies!
agree  dianastr
50 mins
  -> Paldies!
agree  alis-kis
3 days 5 hrs
  -> Paldies!
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58 mins   confidence: Answerer confidence 5/5
SIA "xxx" akciju īpašniece 100% apmērā ir SIA "YYY".
SIA xxx is a wholly owned subsidiary of SIA YYY.


Explanation:
“Wholly owned subsidiary” vārdnīcās, glosārijos utt.:

http://www.investopedia.com/terms/w/whollyownedsubsidiary.as...

http://www.translegal.com/common-mistakes/wholly-owned-subsi...

http://www.tuition.com.hk/dictionary/w.htm

http://www.businessdictionary.com/definition/wholly-owned-su...

http://www.proz.com/kudoz/german_to_english/marketing_market...

http://www.proz.com/kudoz/english_to_russian/economics/19760...

http://www.proz.com/kudoz/english_to_french/business_commerc...


--

http://en.wikipedia.org/wiki/Navteq
“Navteq is a Chicago-based provider of Geographic Information Systems (GIS) data and is a major provider of base electronic navigable maps. The company is a wholly owned subsidiary of Nokia but operates independently.”

Example sentence(s):
  • Wholly owned subsidiary -- Definition: [crh] A subsidiary whose parent company owns virtually 100% of its common stock.
  • Our wholly-owned subsidiary, Bosch Thermotechnik GmbH, is a leading international manufacturer of heating products and water heaters. http://tinyurl.com/c4au3ao (Bosch.lv --> Consumer Goods and Building Technology --> Thermotechnology))

    Reference: http://www.moneyglossary.com/?w=Wholly+owned+subsidiary
    Reference: http://en.wikipedia.org/wiki/Subsidiary
Valters Feists
Latvia
Local time: 18:15
Native speaker of: Latvian
PRO pts in category: 7
Login to enter a peer comment (or grade)

259 days   confidence: Answerer confidence 4/5Answerer confidence 4/5
SIA "xxx" akciju īpašniece 100% apmērā ir SIA "YYY"
LTD "YYY" is a sole shareholder of LTD "xxx"


Explanation:
10. Sole shareholder companies

Under the Law, which applies in this respect to both S.A.'s and S.L.'s, either form of business entity can
be set up as, or can subsequently become, a company having a sole shareholder (S.A.) or sole
participation unit holder (S.L.), i.e. a wholly-owned subsidiary.
Such companies are subject to a specific regime involving special reporting requirements and
registration requirements. For example, the fact that a company has a single owner has to be
registered at the appropriate Commercial Registry and acknowledged on all company
correspondence and commercial documentation. Likewise, contracts between the company and its
sole owner need to be recorded in a special company register (the book of contracts with the sole
shareholder).
On the whole, such requirements can be deemed mere administrative and reporting requirements,
but adherence to the specific rules is of paramount importance, because otherwise, under certain
circumstances, the company can loose its limited liability status.
Guide to business in Spain
Appendix I. Company and commercial law
27



    Reference: http://www.investinspain.org/guidetobusiness/en/9/900027.htm...
VEIKMANE DAIGA
Latvia
Native speaker of: Native in LatvianLatvian
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