What are the procedures for setting up a branch office?

What are the procedures for setting up a branch office?

Legal analysis:

The establishment process of the branch is:

1. Prepare the company name, domicile, organization and registered capital;

2. Name of the company applying for approval;

3. Apply for registration of branch establishment;

4. After registration, obtain a business license;

5. Open a bank account;

6. Handling tax registration;

7. sculpture.

Legal basis:

Article 14 of the Company Law stipulates that 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.

Article 76 of the Company Law stipulates that the establishment of a joint stock limited company shall meet the following conditions:

(1) The promoters meet the quorum; (2) It has the total amount of capital subscribed or paid-in by all promoters in accordance with the articles of association; (3) The issuance and offering of shares comply with the law; (4) The promoters shall formulate articles of association, which shall be adopted by the founding meeting; (5) Having a company name and establishing an organization meeting the requirements of a joint stock limited company; (6) Having a company domicile.