During the initial registration and incorporation phase, foreign corporations looking to establish a Philippines branch office must formally designate a resident agent. Under the Revised Corporation Code of the Philippines, the SEC will not issue a license to do business without this appointment. The resident agent can be either an individual resid
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A branch office is not really a independent authorized entity from The top office or parent company, that means any liabilities incurred through the branch office are definitely the duties of The pinnacle office or mum or dad company. That is a significant distinction from a Subsidiary, which delivers a "company veil" guarding the father or moth