In Odoo, a Branch is part of the same legal company, while a Company is a separate legal entity.
- Branch shares the same chart of accounts, currency, and taxes with the parent company — ideal for multiple offices or stores in one country.
- Company has its own accounting, taxes, and currency — required for legally independent or foreign entities.
Use Branch for centralized management within one fiscal system.
Use Company when operations differ by country, tax ID, or legal structure.