A representative office provides business segments with local bases for marketing, liaison and client service. They are restricted in their activities in many ways. A rep. office or an agent.
¨ç is a person acting on behalf of a foreign corporation
¨è is not an official form of organization.
¨é should have corporate ID number and employer¡¯s tax ID number¡¯.
¨ê is obliged to pay annual franchise tax and corporate initiation fee.
¨ë provides informational and promotional services.
¨ì carries out marketing research and deals with business order and customers.
¨í is not allowed to sell goods, make inventory and agree on contracts.
¨î may purchase or lease space, own or use equipment and may open bank accounts. |