Hello, our company wants to transfer all the business contents of the branch to the newly established subsidiary (wholly owned by the parent company), and then the branch will not play.

The subsidiary of the head office is transferred to the subsidiary. A subsidiary that belongs to the asset investment of the branch.

Investment in assets related to branches is treated as sales and tax paid.

There is VAT. If it is the optimal allocation of resources, all creditor's rights and debts can be exempted from VAT.