Permanent establishment

A permanent establishment is a business other than the registered office through which the business carries out all or part of its activity.

Examples: a management head office, a branch office, an office, a factory, a mine, an oil or gas well, a quarry or any other place of extraction of natural resources, a construction site whose operation exceeds 12 months.

A permanent establishment is identified through its level of activity in terms of human and technical resources which are necessary for the business to continue operation.

 

Last update