Branch registration
“Granting agency and branch registration is one of the main strategies of international companies’ participation in target companies.”
Definition of agency and branch
Branch registration of foreign companies is actually the local unit registration of parent company in the region which carries out activities and subjects of parent company without intermediaries. The activities of branches on site are in the name of parent company and are on its own. In fact, the branch is one of the units of parent company. Branches are established to expand the company`s activities in remote areas from the company and the limitations of its authorities are designated by the parent company. The parent company will be responsible if any mistakes or illegal and unrelated activity with parent company occur.
Countries providing services
Conditions of branch registration in Iraq
Iraq is the greatest export opportunity for Iranian companies in the region. Border and cultural proximity provide the grounds for expanded cooperation between these two countries.
Conditions of branch registration in Turkey
Growing structure of this country and open-door economic policies have provided the grounds for foreign investments in Turkey. Turkey is an appropriate bridge for participation in European countries.