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Affiliate or representative office

Affiliate - structural unit of a legal person with its registered office and carries out all or part of the legal person’s functions. The affiliate (branch) is not a legal person. The branch operates under regulations approved by the legal entity.

Representative office – legal entity, with its registered office and who has the right to perform certain actions: the legal entity to represent and protect the interests, conclude agreements and perform other actions on behalf of a legal entity to carry out export and import operations, but only between foreign legal persons or other organizations which established representation, or related companies, institutions or organizations and representative offices. Representative office is not a legal entity. Representation of legal entity operating under regulations approved.