Branch company

Branches and representative offices of enterprises

Enterprises, including foreign enterprises may establish their branches for performing some elected or all function as well as representative offices which have the right to represent and protect the interests of the legal person, to conclude agreements and perform other actions on behalf of the company that established the representative office, to execute export and import operations, but only between the representative office and foreign legal person or other organization which established the representative office or between such representative office and enterprises, institutions or organization related to it. It should be noted that neither the branch nor the representative office has the status of an independent legal person.

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