The difference between a branch and a subsidiary

Legal analysis: Branches are classified according to the internal jurisdiction of the company, which refers to relatively independent branches established by the company in accordance with the law due to business needs. They are under the jurisdiction of the company in terms of business, funds and personnel, but they do not have legal personality. Branches are non-legal organizations, such as branches, branches, business departments, business departments, offices, etc. , is an organization set up by an enterprise as a legal person outside the headquarters to realize its functions. It can carry out civil activities in its own name, but it cannot bear civil liability independently.

Legal basis: Article 35 of the Regulations on the Administration of Registration of Enterprise as a Legal Person in People's Republic of China (PRC), a newly-established enterprise that has been approved by the relevant departments of the State Council or planning departments at all levels and has completed the preparation period of 1 year shall go through the preparation registration in accordance with special provisions.