Needs Business Consultants And Professionals Who Have Answer To This:

If one wants to set up a corporation with different divisions(subsidiaries),
does he have to register the divisions as individual companies (LLC)?

For instance, he calls the corporation "eXels Technologies (GROUP)" with the following divisions: eXels Network, eXels Electronics, eXels Multimedia etc

He wants each of the divisions to be independent of the others.

Now, the question is:
- Does he have to register each division as a Limited Liability Company (ie eXels Networks Ltd, eXels Electronics Ltd etc)

- Or should he register the Group as say eXels Technolgies Ltd, and then register each division as a brand names.

Please let business consultants and professionals do justice to this.
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Where are the Niaraland's Business gurus.

Please I need the solution to this puzzle, I hope you would'nt mind helping me out here.


Can someone just go to the point and explain this?

I have searched and searched but i have not been able to get any straight forward answer for this.

Other people replying on other posts/platforms clearly don't know how to go about this as their answers are off point or copy and paste.

Please someone should just give a very straight forward answer and not rubbish