Real Estate 2011/2012: A prime European investment market
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Eligibility criteria for setting up a branch or liaison office center on the track record and net worth
of the foreign head office. For a branch, the head office must have a profit-making track record in
its home country during the immediately preceding five financial years (three years for a liaison
office). The net worth of the foreign head office cannot be less than USD 100,000 or its
equivalent to establish a branch (USD 50,000 or its equivalent to establish a liaison office). Net
worth for these purposes is the paid-up share capital (+) free reserves (-) intangible assets
(computed...
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Real Estate 2011/2012: A prime European investment market
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Real Estate 2011/2012: A prime European investment market
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