Register Branch office in Germany
The countries of the European Union are a good starting point for successful business development. The prospects for doing business in EU countries allow not only to get good profits but also to live in decent conditions. In fact, the beginners and experienced businessmen are interested in opening a branch of their company in Germany.
Conditions and resposibilities
If the parent company is incorporated in Germany: opening a branch simply requires notification from the Ministry of Economy. If the head office is registered in another country, the applicant must submit an application on behalf of the parent company for permission to start a business in Germany.
The branch cannot be declared bankrupt, and the parent company is fully responsible for all of its actions.
The branch manager must be issued a power of attorney from the parent company to act on behalf of the parent company.
The branch is not a separate legal entity from the parent company and its results are immediately accepted by the head office, which is responsible for complying with all legal and tax obligations.