COMPARATIVE COMMERCIAL LAW FROM THE PERSPECTIVE OF FOREIGN DIRECT PROPERTY: BRANCHES AND SUBSIDIARIES

Abstract

Through the type of foreign direct ownership (branches or subsidiaries), companies seek to adapt their own products and services to the needs of various customers. Some companies can be successful both nationally and internationally, others may encounter difficulties at the international level or from a legal and financial point of view. However, the liberalization of economic markets is not an easy goal, but on the contrary it is a non-uniform long-term process, which will advance according to the economic evolutions of both the global economic powers and the developing or underdeveloped states.