Resident
In foreign trade law , residents within the meaning of Section 4 (1) No. 5 AWG are any natural person with residence or habitual abode in the economic area ( Section 4 (1) No. 1 AWG) in Germany and the Austrian areas of Jungholz and Mittelberg and legal entities as well as commercial partnerships with their registered office , head office or place of management in the economic area.
The term has not been used in the Foreign Trade Act since September 2013. Since then, the term resident has been used synonymously ( Section 2 (15) AWG). The opposite was formed by non-residents , now foreigners (Section 2 (5) AWG).
Permanent establishments , branches or branches of non-residents in the economic area are deemed to be residents if they are in charge of the economic area and separate bookkeeping exists for them . If non-residents have permanent establishments in the economic area , they are also deemed to be residents.
