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Essay's paper info
| Topic: |
Business
|
| Number of pages / Number of words: |
13 / 3502 |
Essay's paper body
(Pryles, 2004)
Branch
A Branch is not a separate individual or company or legal entity but part of the original company. In other words it is a direct extension of the company in another jurisdiction (see further August, 2004, p. 703). Similarly, in the article by Svernlov 2004 at p. 111 “the Branch office is not considered a separate legal entity, but part of the foreign companyâ€...
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703). Similarly, in the article by Svernlov 2004 at p. 111 “the Branch office is not considered a separate legal entity, but part of the foreign companyâ€. The company through the Branch creates a legal presence of the parent company in the host country. The Branch office has no share capital of its own, and its assets and liabilities are part of the foreign company’s assets and liabilities...
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