Branch office
Appearance
![](http://178.128.105.246/content-http-upload.wikimedia.org/wikipedia/commons/thumb/9/96/FMM_Johor_Branch.jpg/220px-FMM_Johor_Branch.jpg)
A branch office is an outlet of a company or, more generally, an organization that – unlike a subsidiary – does not constitute a separate legal entity, while being physically separated from the organization's main office.[1] Branching is particularly widespread in banking and other financial institutions, where the products' complexity requires local offices to act more like an agency than as a separate company. A branch structure exposes the owning company to full taxability and legal liability in regard to the branch office's operations.
References
[edit]- ^ "Branch Office: Definition, Benefits, Structures, and Example". Investopedia. Retrieved 2023-03-06.