Enquiring knowledgeable people Inquisitive education Hospital Treasury

Is it OK for branch companies to register independent legal persons

home page

Is it OK for branch companies to register independent legal persons


        

Submit answer
Favorable reply
  • 2024-06-04 23:01:41

    Branches are not allowed to register independent legal persons.
    As a branch of an enterprise legal person, a branch does not have the status of a legal person and cannot be independent, so it is not an independent legal person.
    A branch refers to a branch that is subject to the jurisdiction of the Company in terms of business, capital, personnel, etc. and does not have the legal personality. A branch is a branch, which is not independent legally or economically, but only a subsidiary of the head office. A branch company has no name, articles of association, or property of its own, and is legally liable for the debts of the branch company with the assets of the head office. Therefore, the branch has no legal personality.

    [Legal Basis]

    In Article 14 of the Company Law, a company may set up branches. To establish a branch, an application for registration shall be filed with the company registration authority and a business license shall be obtained. A branch does not have the status of a legal person, and its civil liability shall be borne by the company. The Company may establish subsidiaries, which have the status of legal persons and independently bear civil liabilities according to law.

    a***

    2024-06-04 23:01:41

Related recommendations

Loading
Latest Q&A Recommendation Hot topics Hot spot recommendation
  • 1-20
  • 21-40
  • 41-60
  • 61-80
  • 81-100
  • 101-120
  • 121-140
  • 141-160
  • 161-180
  • 181-200
  • 1-20
  • 21-40
  • 41-60
  • 61-80
  • 81-100
  • 101-120
  • 121-140
  • 141-160
  • 161-180
  • 181-200
  • 1-20
  • 21-40
  • 41-60
  • 61-80
  • 81-100
  • 101-120
  • 121-140
  • 141-160
  • 161-180
  • 181-200
  • 1-20
  • 21-40
  • 41-60
  • 61-80
  • 81-100
  • 101-120
  • 121-140
  • 141-160
  • 161-180
  • 181-200
return
Top
help opinion
feedback

Confirm to report this problem

Reason for reporting (required):