Legal analysis: 1. Different legal status: although the subsidiary is actually controlled by the parent company, it has independent legal personality, obtained the business license of enterprise legal person in the industrial and commercial department, has its own company name and articles of association, and conducts business activities in its own name; Branches do not have independent legal personality. Although there is the word company, it is not a real company and has no articles of association. The company name can only add the word company after the name of the head office. 2. Different responsibilities: subsidiaries independently bear civil liabilities with their own property and have no connection with the parent company. Unless the investor (shareholder of Yinzi Company) makes false capital contribution or withdraws capital contribution, the company's personality is denied, and the creditor may not recover the unpaid part from the investor; When a branch company fails to perform its debts in the course of operation, the creditor may require the establishment of a company (head office) to undertake the repayment obligation. When filing a lawsuit, they can directly list the establishment of the company as * * * and ask the defendant to bear the responsibility. 3. Different ways of establishment: subsidiaries are established by one shareholder (one-person limited liability company) or two or more shareholders in accordance with the conditions and methods of company establishment stipulated in the Company Law; A branch company applies to the local industrial and commercial department for establishment outside its residence. It is a branch of the company and independently conducts business activities within the scope authorized by the company. 4. Different restrictions on the investment of the parent company/head office: if the subsidiary invests in other limited liability companies or joint stock limited companies, if the articles of association have restrictions on the total amount of investment or guarantee and the amount of individual investment or guarantee, it shall not exceed the prescribed limit; In principle, the head office's investment in branches is not restricted.
Legal basis: According to Article 14 of the Company Law of People's Republic of China (PRC), a company may set up branches. The establishment of a branch company shall apply to the company registration authority for registration and obtain a business license. A branch company does not have legal person status, and its civil liability shall be borne by the company. A company may set up subsidiaries, which have legal personality and independently bear civil liabilities according to law.