Can a branch without independent accounting apply for a bank loan? The sub-branch is not an independent legal person and cannot bear civil liability independently, so it will not lend to the sub-branch.
Second, how do subsidiaries without independent accounting get loans from banks?
A subsidiary without independent accounting cannot borrow money from a bank.
3. Can a branch without legal person status set up a bank in basic account?
There are two situations that need to be treated differently:
1. The branch must open a bank account for independent accounting.
2. The branch does not conduct independent accounting, and all taxes, value-added tax and enterprise income tax are paid by the company in a consolidated manner, without opening a bank account.
Article 50 of the Enterprise Income Tax Law stipulates that if a resident enterprise establishes a business institution without legal person status within the territory of China, it shall pay enterprise income tax on a consolidated basis.
4. Can a branch company apply for a bank loan for independent accounting?
Not an independent legal person, can not bear civil liability independently, can not apply for a loan.