Representative Office
A Representative Office is a type of business establishment that allows a company to conduct activities in a foreign country without being a fully registered entity. It typically focuses on market research, promoting products, and maintaining relationships with local clients. However, it cannot engage in direct sales or generate revenue in the host country.
These offices serve as a point of contact for companies looking to expand their presence internationally. They help businesses understand local market conditions and customer preferences, making it easier to strategize for future growth and potential foreign investments.