A branch is a term that is unique to various legal entities. In this regard, any private entrepreneur who is an individual, if necessary, can organize a certain workplace or even several, and then, for example, engage in the sale of certain goods through them without notifying the tax inspectorate thereof. Only such organizations can create such separate subdivisions, as well as inform tax authorities of their opening. Unlike a specific legal address or its location, a branch is a unit that can be located not only in other constituent entities of the Russian Federation, but also in principle in other cities or countries. First of all, they are opened in order to expand the activities of a particular company through auxiliary outlets or the use of additional service offices. However, it is worth noting that the branch in this case has an order of magnitude more functions of a legal entity compared with what functions a representative office has. It is also worth mentioning that the branch of a legal entity is a full-fledged structure, which has the right to engage in entrepreneurial activity in full, just like the company itself, that is, in fact, is a completely separate organization. However, regardless of the convenience and beauty of each particular option, none of them is a legal entity, that is, it will always act in the interests of the name of the company that formed them. However, it is worth noting the fact that the company also assumes full responsibility for the performance of this unit. A branch of a store or a branch of a bank - it makes no difference.
You will immediately begin to think more broadly, owning complete information. You can find out even more interesting information about this topic and not only - https://europa.eu/youreurope/business/running-business/developing-business/setting-up-european-company/index_en.htm
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