Foreign branch

 
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Foreign branch

A foreign branch office is a representation of a company in a foreign country that usually can do commercial transaction on its own. Depending on the law of the country, the branch office can or should be a limited company, where the shares are held by the parent company abroad. In a number of countries there is a list of activities that a company with foreign ownership can not be active in, depending on the percentage of shares.

This entry was posted in dictionary on August 18, 2017 by Tanushka.