BR_2178 (CDQ)
DataModel:CDQ/Business Partner/Legal Form/BR 2178
| Property | Value |
|---|---|
| A technical identifier, unique in a certain context. Technical key | BR_2178
|
| The country a linked concept is active or generally relevant for. Country scope | BR (Brazil) |
| Language-specific name. Monolingual name | Estabelecimento, no Brasil, de Sociedade Estrangeira (pt), Brazilian Establishment of a Foreign Company (en) |
| Informal and comprehensive human-readable definition of a concept. Description | This category covers the Brazilian establishment of a company incorporated abroad, a branch that requires specific authorisation from the federal executive to operate in the country. The branch is not a separate legal person, so the foreign company remains liable for its obligations. It must maintain local representation, publish accounts and comply with Brazilian law for its local activity. Most foreign investors prefer to incorporate a Brazilian subsidiary instead. |