1, the branch corresponds to the head office, and the company is only a subsidiary of the head office in legal status; The subsidiary corresponds to the parent company, is independent of the parent company in legal status, and has an independent and complete company management organization system;
2. Branches are not independent in law and economy;
3, the branch does not have its own independent property, can not bear civil liability independently;
4. A subsidiary refers to a company whose shares are held by another company or actually controlled by another company through an agreement. The subsidiary is completely independent in legal status, has an independent and complete company management organization system, and has greater independence and certain flexibility in operation;
5. The business scope of a branch company must be consistent with that of the head office, and subsidiaries can engage in different industries of the parent company.
Company Law of the People's Republic of China
Article 14
Companies can 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.
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