EX-21 10 a2230222zex-21.htm EX-21
QuickLinks -- Click here to rapidly navigate through this document


EXHIBIT 21


INTERNATIONAL BUSINESS MACHINES CORPORATION SUBSIDIARIES

Subsidiaries—as of December 31, 2016

Company Name
  State or country of
incorporation or organization
  Voting percent owned directly or indirectly by registrant  

IBM Argentina Sociedad de Responsabilidad Limitada

  Argentina     100  

IBM Australia Limited

  Australia     100  

IBM Global Financing Australia Limited

  Australia     100  

IBM Oesterreich Internationale Bueromaschinen Gesellschaft m.b.H. 

  Austria     100  

IBM Bahamas Limited

  Bahamas     100  

IBM Bahrain SPC

  Bahrain     100  

IBM Bangladesh Private Limited

  Bangladesh     100  

IBM Belgium Financial Services Company sprl/bvba

  Belgium     100  

International Business Machines of Belgium sprl/buba

  Belgium     100  

WTC Insurance Corporation, Ltd. 

  Bermuda     100  

IBM Brasil—Industria, Maquinas e Servicos Limitada

  Brazil     100  

Banco IBM S.A. 

  Brazil     100  

IBM Bulgaria Ltd. 

  Bulgaria     100  

IBM Burkina Faso SARL

  Burkina Faso     100  

IBM Canada Limited—IBM Canada Limitee

  Canada     100  

IBM Global Financing Canada Corporation

  Canada     100  

IBM Tchad SARLU

  Chad     100  

IBM de Chile S.A.C. 

  Chile     100  

IBM Global Financing de Chile SpA

  Chile     100  

IBM (China) Investment Company Limited

  China (P.R.C.)     100  

IBM (China) Co., Ltd. 

  China (P.R.C.)     100  

IBM Factoring (China) Co., Ltd. 

  China (PRC)     100  

IBM de Colombia & C.I.A. S.C.A. 

  Colombia     100  

IBM Congo SARL

  Congo     100  

IBM RDC

  Congo Republic     100  

IBM Business Transformation Center, S.r.l. 

  Costa Rica     100  

IBM Croatia Ltd./IBM Hrvatska d.o.o. 

  Croatia     100  

IBM Ceska Republika spol. s.r.o. 

  Czech Republic     100  

IBM Danmark ApS

  Denmark     100  

IBM Global Financing Danmark ApS

  Denmark     100  

IBM del Ecuador, C.A. 

  Ecuador     100  

IBM Egypt Business Support Services

  Egypt     100  

IBM Eesti Osauhing (IBM Estonia Ou)

  Estonia     100  

IBM Global Financing Finland Oy

  Finland     100  

Oy IBM Finland AB

  Finland     100  

Compagnie IBM France, S.A.S. 

  France     100  

IBM France Financement, S.A. 

  France     100  

International Business Machines Gabon SARL

  Gabon     100  

IBM Deutschland GmbH

  Germany     100  

IBM Deutschland Kreditbank GmbH

  Germany     100  

IBM Global Financing Deutschland GmbH

  Germany     100  

International Business Machines Ghana Limited

  Ghana     100  

IBM Hellas Information Handling Systems S.A. 

  Greece     100  

IBM China/Hong Kong Limited

  Hong Kong     100  

IBM Magyarorszagi Kft. 

  Hungary     100  

IBM India Private Limited

  India     100  

PT IBM Indonesia

  Indonesia     100  

IBM Ireland Limited

  Ireland     100  

IBM Ireland Product Distribution Limited

  Ireland     100  

Company Name
  State or country of
incorporation or organization
  Voting percent owned directly or indirectly by registrant  

IBM Israel Limited

  Israel     100  

IBM Capital Italia S.r.l. 

  Italy     100  

IBM Italia Servizi Finanziari S.r.l. 

  Italy     100  

IBM Italia S.p.A. 

  Italy     100  

IBM Japan Credit LLC

  Japan     100  

IBM Japan, Ltd. 

  Japan     100  

IBM East Africa Limited

  Kenya     100  

IBM Global Financing Korea Limited

  Korea (South)     100  

IBM Korea, Inc. 

  Korea (South)     100  

IBM Kuwait SPC

  Kuwait     100  

Sabiedriba ar irobezotu atbildibu IBM Latvija

  Latvia     100  

IBM Lietuva

  Lithuania     100  

IBM Services Financial Sector Luxembourg Sarl

  Luxembourg     100  

International Business Machines Madagascar SARLU

  Madagascar     100  

International Information Services Management Limited

  Malawi     100  

IBM CAPITAL MALAYSIA SDN. BHD. 

  Malaysia     100  

IBM Malaysia Sdn. Bhd. 

  Malaysia     100  

IBM Malta Limited

  Malta     100  

IBM Mauritius

  Mauritius     100  

IBM Capital Mexico I, S. de R.L. de C.V. 

  Mexico     100  

IBM de Mexico, S. de R.L. 

  Mexico     100  

IBM de Mexico, Comercializacion y Servicios S. de R.L. de C.V. 

  Mexico     100  

IBM Maroc

  Morocco     100  

IBM International Group B.V. 

  Netherlands     100  

IBM Nederland Financieringen B.V. 

  Netherlands     100  

IBM Nederland B.V. 

  Netherlands     100  

IBM New Zealand Limited

  New Zealand     100  

IBM Niger SARLU

  Niger     100  

International Business Machines West Africa Limited

  Nigeria     100  

IBM Finans Norge AS

  Norway     100  

International Business Machines AS

  Norway     100  

IBM Capital Peru S.A.C. 

  Peru     100  

IBM del Peru, S.A. 

  Peru     100  

IBM Philippines, Incorporated

  Philippines     100  

IBM Global Financing Polska Sp.z.o.o. 

  Poland     100  

IBM Polska Sp.z.o.o. 

  Poland     100  

Companhia IBM Portuguesa, S.A. 

  Portugal     100  

IBM Qatar SSC

  Qatar     100  

IBM Romania Srl

  Romania     100  

IBM East Europe/Asia Ltd. 

  Russia     100  

International Business Machines Senegal

  Senegal     100  

IBM—International Business Machines d.o.o., Belgrade

  Serbia     100  

International Information Services Management Limited

  Seychelles     100  

IBM Limited

  Sierra Leone     100  

IBM CAPITAL SINGAPORE PTE. LTD. 

  Singapore     100  

IBM Singapore Pte. Ltd. 

  Singapore     100  

IBM Slovensko spol s.r.o. 

  Slovak Republic     100  

IBM Slovenija d.o.o. 

  Slovenia     100  

IBM Global Financing South Africa (Pty) Ltd

  South Africa     100  

IBM South Africa (Pty) Ltd. 

  South Africa     100  

IBM Global Financing España, S.L.U. 

  Spain     100  

IBM Global Services España, S.A. 

  Spain     100  

International Business Machines, S.A. 

  Spain     100  

IBM Global Financing Sweden AB

  Sweden     100  

IBM Svenska Aktiebolag

  Sweden     100  

Company Name
  State or country of
incorporation or organization
  Voting percent owned directly or indirectly by registrant  

IBM Global Financing Schweiz GmbH

  Switzerland     100  

IBM Schweiz AG—IBM Suisse SA—IBM Suizzera SA—IBM Switzerland Ltd. 

  Switzerland     100  

IBM Taiwan Corporation

  Taiwan     100  

IBM Tanzania Limited

  Tanzania     100  

IBM Capital (Thailand) Company Limited

  Thailand     100  

IBM Thailand Company Limited

  Thailand     100  

IBM Tunisie

  Tunisia     100  

IBM (International Business Machines) Turk Limited Sirketi

  Turkey     100  

Technology Products and Services Limited

  Uganda     100  

IBM Ukraine

  Ukraine     100  

IBM Middle East FZ—LLC

  United Arab Emirates     100  

IBM United Kingdom Limited

  United Kingdom     100  

IBM United Kingdom Asset Leasing Limited

  United Kingdom     100  

IBM United Kingdom Financial Services Limited

  United Kingdom     100  

IBM del Uruguay, S.A. 

  Uruguay     100  

IBM Capital Inc. 

  USA (Delaware)     100  

IBM Credit LLC

  USA (Delaware)     100  

IBM International Group Capital LLC

  USA (Delaware)     100  

IBM International Foundation

  USA (Delaware)     100  

IBM World Trade Corporation

  USA (Delaware)     100  

Softlayer Technologies, Inc. 

  USA (Delaware)     100  

IBM de Venezuela, S.A. 

  Venezuela     100  

IBM Vietnam Company

  Vietnam     100  

International Business Machines Zambia Limited

  Zambia     100  



QuickLinks

INTERNATIONAL BUSINESS MACHINES CORPORATION SUBSIDIARIES