The branch of a foreign company in Serbia is a separate organizational unit of a foreign company in Serbia through which that company carries on a business activity in Serbia. A branch is not considered an independent legal entity and acts on behalf and for the account of the company as well as participates in transactions under the company’s registered name. Person registered as a legal representative of a branch is considered a representative of the whole company. Domestic and foreign companies in Serbia may establish one or more branches as their organizational parts and register them at the Serbia company register (SBRA).