FOREIGN COMPANY/BRANCH

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Read more about Trusts including the advantages of registering a Trust and what information you need to provide below ↓.

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To discuss how Numeri can help you, simply call, email or Whatsapp or complete our contact form and one of our experts will contact you.

CONTACT US

T: +263 (242) 753 168

M: +263 786 507 513

E: info@numeri.co.zw

DROP US A LINE

A branch company is a type of subsidiary company that is formally incorporated and registered in one country, but conducts business operations through a local office or division in another country.

Some key things to know about branch companies:

  • The branch is not a separately legal entity – it is legally part of the parent company in the country of incorporation.
  • They allow a company to have a permanent business presence in another country without needing to form a new legal subsidiary company.
  • Branch companies provide an international sales/service network for the parent.
  • All branch liabilities and obligations are the legal responsibility of the parent company.
  • Used when a full-fledged foreign subsidiary is not yet warranted due to smaller scale of operations.
  • Can be a first step before later transitioning branch operations into a formal local incorporation.

So in summary, branch companies extend a parent company’s international reach through local branch office presences.

What are the advantages?

Here are some key advantages of using a branch company structure:

  • Lower setup costs compared to establishing a wholly new foreign subsidiary. Branches don’t require separate incorporation.
  • Quicker market entry into a new country without as much licensing/compliance work as a full foreign company.
  • Greater control and oversight by the parent company since the branch has no separate legal status.
  • Easier administration and consolidated financial reporting since profits flow directly to the parent.
  • Flexibility to scale up branch operations over time into a dedicated subsidiary if business grows sufficiently.
  • Ability to leverage the parent company’s reputation and brand recognition locally.
  • Centralized functions like procurement, IT, HR etc. can be managed from the parent.
  • Tax reporting is consolidated for the parent company rather than being separate for each entity.
  • Redeployment of branch managers/resources is simpler without the rigidities of separate company borders.
  • Lower risk profile initially than a foreign direct investment requiring more capital commitment.

Requirements for registering a Foreign Company/Branch

  • C

ONGOING SUPPORT

Once an entity is set up, we provide a range of services to keep it in good standing—from post incorporation technical support to ongoing renewal and maintenance services—allowing clients to focus on their core business.

Registered Office Address

Service Address

Dedicated Company Secretary

Corporate Secretarial

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CORE SERVICES

NUMERI OFFERS SERVICES TO INDIVIDUALS, SMALL TO MEDIUM ENTERPRISES (SME's), FAMILY OWNED BUSINESSES (FOB's) OR THOSE COMING IN THE ZIMBABWEAN JURIDICTION FOR THE VERY FIRST TIME, SPECIALISING IN BUSINESS ESTABLISHMENT, CORPORATE SECRETARIAL, TAXATION, FIDUCIARY SERVICES AND ADVISORY.

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TAXATION

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FIDUCIARY SERVICES

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ADVISORY

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OTHER

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Location

Pockets Building

50 Jason Moyo Avenue,

Second Floor,

Suite 208 - 209,

Harare,

Zimbabwe

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Contact

T: (0242) 753 168

M: 0778 702 715

E: info@numeri.co.zw

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