The main differences between overseas subsidiaries and branches of enterprises are

The difference between the two is reflected in three aspects: legal status, registration method and finance and taxation.

Legal status: Overseas subsidiaries are independent legal persons with independent legal status and can independently assume responsibilities and obligations. Overseas branches are not independent legal persons and have no independent legal status, and their rights and obligations are borne by the head office.

Registration method: Overseas subsidiaries usually need to be registered locally and obtain independent business license, tax registration certificate and other relevant documents. Overseas branches do not need to be registered locally, but generally only exist as branches of the head office.

Finance and taxation: the finance and taxation of overseas subsidiaries are independent of the head office and need to be declared and paid in accordance with local laws and regulations. The taxation of overseas branches is managed by the head office in a unified way, and there is no need to declare and pay locally.

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