Question 2: What do you mean by the situation of the head office? A legal person has two tax numbers, which are paid by the head office, and the branches only pay income tax in advance. In fact, the income tax of branches is allocated to the tax from the account of the head office, and other tax branches pay taxes separately. I understand it this way.
Question 3: What is a branch? Is there a difference between independent accounting and non-independent accounting of branches? Independent accounting refers to a comprehensive and systematic accounting of the business activities and achievements of the unit. The characteristics of independent accounting units are: independent organizational form in management, certain funds, and opening accounts in local banks; Conduct business activities independently and be able to sign economic contracts with other units; Independent accounting of profits and losses, the establishment of independent accounting institutions, equipped with accounting personnel, a complete accounting work organization system. Non-independent accounting, also known as reimbursement system, refers to the daily business information related to the business activities of the unit, which is submitted to the superior unit for accounting on a daily or regular basis. The characteristics of non-independent accounting units are: generally, a certain amount of working capital is allocated by the superior to engage in business activities, all income is paid in full, all expenses are reimbursed to the superior, profits and losses are not calculated separately, and only a few main indicators are recorded and calculated for simple accounting.
Question 4: What is a cross-regional non-independent accounting branch? A branch is a branch or subsidiary directly engaged in business activities of the head office. Although a branch has the word company, it is not a real company. Because the branch does not have the qualification of an enterprise legal person, does not have an independent legal status, and does not bear civil liability independently.
The characteristics of the branch are as follows: ① The branch does not have its own independent property, and the property actually occupied and used is part of the property of the head office and listed in the balance sheet of the head office. (2) The branch does not bear civil liability independently. (3) A branch is not a company, and its establishment does not need to follow the company establishment procedures, as long as it can be established through simple registration and industrial and commercial procedures. (4) The branch does not have its own articles of association, and there is no corporate decision-making and business executive body in the form of board of directors. (5) The name of the branch, as long as the words "branch" are added behind the name of the head office.
Independent accounting refers to a comprehensive and systematic accounting of the business activities and achievements of the unit. The characteristics of independent accounting units are: independent organizational form in management, certain funds, and opening accounts in local banks; Conduct business activities independently and be able to sign economic contracts with other units; Independent accounting of profits and losses, the establishment of independent accounting institutions, equipped with accounting personnel, a complete accounting work organization system.
Non-independent accounting, also known as reimbursement system, refers to the daily business information related to the business activities of the unit, which is submitted to the superior unit for accounting on a daily or regular basis. The characteristics of non-independent accounting units are: generally, a certain amount of working capital is allocated by superiors to engage in business activities, all income is turned over in an all-round way, and all expenses are sold to superiors. Instead of calculating profits and losses separately, only a few main indicators are recorded and calculated for simple accounting.
A branch can be an independent accounting unit or a non-independent accounting unit. Specific by the head office according to the actual needs to be selected.
Question 5: What is an unincorporated branch? What you understand as a legal person institution refers to an institution that has independent subject qualification, independently bears profits and losses, independently enjoys rights and performs obligations, and is legally recognized as an independent legal person. For enterprises, it is mainly enterprises that have obtained legal person business licenses, such as companies and subsidiaries of companies.
An unincorporated branch, that is to say, it has no independent legal personality, and its profits and losses, powers and responsibilities are ultimately not borne by itself, but by the head office. Nor does it have legal independence, such as a branch of a company.
Question 6: What is a branch of a company? A branch of a company is like a branch of a school.
Question 7: Type of business license Item 1: What does the full name ownership branch (unincorporated) mean? Such enterprises should belong to the branches of village-run enterprises and have no capacity for civil conduct. If you want to sue it or claim compensation from it, you can only target its head office.
Question 8: Are branches and branches the same thing? If not, what is the difference between a subsidiary (molecular institution) and a branch?
(1) branch
Although the relationship between the branch and the head office is somewhat similar to that between the subsidiary and the parent company. However, the legal status of a branch company is completely different from that of a subsidiary company, and it has no independent legal status. A branch is a branch or subsidiary directly engaged in business activities of the head office. Although a branch has the word company, it is not a real company. Because the branch does not have the qualification of an enterprise legal person, does not have an independent legal status, and does not bear civil liability independently.
(2) subsidiaries (molecular institutions)
Subsidiary is a legal concept corresponding to parent company. A subsidiary has the status of a legal person and can bear civil liability independently, which is an important difference between a subsidiary and a branch.
The parent company and subsidiaries are independent legal persons, and the subsidiaries are actually controlled by the parent company. According to the majority voting principle of the shareholders' meeting, the more shares you own, the more you can get the decision-making power on the company's affairs. The control of a parent company over a subsidiary company is usually based on an ownership or control agreement. The parent company has the actual decision-making power over all major matters of the subsidiary, especially the composition of the board of directors of the subsidiary. In addition to share control, the relationship between parent company and subsidiary company can also be formed by concluding some special contracts or agreements to make one company under the control of another company.
(C) differences in tax angle
There is a big difference between setting up a branch and setting up a subsidiary through holding. Because the branch is not an independent legal person, its profits and losses should be combined with the head office to calculate and pay taxes, while the subsidiary is an independent legal person, and the parent and subsidiary companies should pay taxes separately. The subsidiary can only distribute dividends according to the shares held by shareholders in the after-tax profits. Generally speaking, if the company is profitable from the beginning, it is more advantageous to set up a subsidiary. When the subsidiary is profitable, it can enjoy various tax benefits and other business benefits provided by local * * *. If the established company loses money at the initial stage of operation, it is more advantageous to set up a branch, which can reduce the tax burden of the head office.
Subsidiaries and branches are important organizational forms of modern large companies. Why does a company arrange some subsidiaries as subsidiaries and others as constituent companies? I'm afraid this is mainly from the perspective of tax planning, because in the increasingly fierce market competition, all legal measures that are conducive to improving the economic benefits of enterprises are the focus of enterprises' consideration, and choosing the organization form that is conducive to tax incentives is one of the important ways to achieve this goal.
Countries all over the world (including China) have many different regulations on the tax treatment of subsidiaries and branches, which provides an option for enterprises or multinational companies to set up affiliated enterprises.
1, advantages of establishing a subsidiary:
(1) In the host country, it is also a limited liability (sometimes the parent company guarantees);
(2) The subsidiary only reports the enterprise results to the parent company in terms of production and operation activities, and the branch company reports the overall situation to the head office;
(3) The subsidiary is an independent legal person, and its income tax is levied independently. Subsidiaries can enjoy the preferential tax treatment provided by the host country to their resident companies, including tax-free period, but most of the host countries are unwilling to provide more preferential treatment for subsidiaries because they are sent abroad as part of the enterprise;
(4) When the applicable tax rate in the host country is lower than that in the country of residence, the accumulated profits of subsidiaries can benefit from deferred tax payment;
(5) It is much more flexible to repatriate the profits of subsidiaries to the parent company, which means that the investment income and capital gains of the parent company can stay in the subsidiaries or be repatriated when the tax burden is light, thus obtaining additional tax benefits.
(6) In many countries, dividends paid by subsidiaries to parent companies can be exempted from withholding tax.
2, the benefits of setting up a branch.
(1) branches are generally simple to operate and the requirements of financial accounting system are relatively simple;
(2) The cost borne by the branch company may be less than that of the subsidiary company;
(3) If the branch is not an independent legal person, the turnover tax shall be paid in the place where it is located, and the profits shall be paid by the head office. In the initial stage of operation, branches often suffer losses, but their losses can offset the profits of the head office and reduce the tax burden;
(4) The profits delivered by the branches to the head office usually do not need to be subject to withholding tax;
(5) The transfer of funds between the branch and the head office does not involve the change of ownership, so there is no need to pay taxes.
As can be seen from the above, the tax preferences of subsidiaries and branches are quite different, so companies and enterprises should carefully compare and plan as a whole when choosing organizational forms. & gt
Question 9: What does the general branch sign mean? I need to fill out a form, let me check the non-head office, head office and branch office. Headquarters refers to the operation, management and command headquarters. A branch is a company (department) that only invests or is established, or is established because of a project. It can be an independent operation or a non-independent branch. A branch, also known as a branch, is an operating and processing institution established by the head office to handle a project or a regional business on behalf of the head office. Representative office refers to the offices sent by foreign (regional) companies to other countries or regions. It is not allowed to engage in business activities directly, but only to contact and coordinate local businesses, or to conduct market research and collect market information.
Question 10: What do you mean by the situation of the head office? A legal person has two tax numbers, which are paid by the head office, and the branches only pay income tax in advance. In fact, the income tax of branches is allocated to the tax from the account of the head office, and other tax branches pay taxes separately. I understand it this way.