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What is the relationship between the branch and the head office?
2. A branch is a branch or subsidiary directly engaged in business activities of the head office. Although a branch has the word company, it is not a real company. Because the branch does not have the qualification of an enterprise legal person, does not have an independent legal status, and does not bear civil liability independently.
3. The branch does not have its own independent property, and the property actually occupied and used is part of the property of the head office and listed in the balance sheet of the head office.
4. The head office refers to the headquarters of an enterprise with independent legal personality. It is the leading organ of its affiliated institutions and has control over the production, sales, finance and personnel of its branches.
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