L-1 Employer Type


Parent
A firm, corporation, or other legal entity which has subsidiaries.

Branch
An operating division or office of the same organization housed in a different location.

Subsidiary
A firm, corporation, or other legal entity of which a parent owns, directly or indirectly, more than half of the entity and controls the entity; or owns, directly or indirectly, half of the entity and controls the entity; or owns, directly or indirectly, 50 percent of a 50–50 joint venture and has equal control and veto power over the entity; or owns, directly or indirectly, less than half of the entity, but in fact controls the entity.

Affiliate

  • One of two subsidiaries both of which are owned and controlled by the same parent or individual, or
  • One of two legal entities owned and controlled by the same group of individuals, each individual owning and controlling approximately the same share or proportion of each entity.