branch office


branch office
index chapter (branch), organ

Burton's Legal Thesaurus. . 2006


branch office
Throughout the EC it is relatively easy to set up a branch office and this route may be appropriate if you have more complex local requirements than could reasonably be supplied by a distributor or agent. Local laws as to the establishment of a branch vary but you would expect to have profits taxed locally and hence the remission of profits to the UK may need to be looked at. The branch office remains under UK-based parent company control and retains its name. Ownership of property (as opposed to holding a lease) may be prevented under local laws. Some element of local registration will be required.

Easyform Glossary of Law Terms. — UK law terms.

Look at other dictionaries:

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