foreign corporation


foreign corporation
Domestic and foreign corporations.
With reference to the laws and the courts of any given state, a "domestic" corporation is one created by, or organized under, the laws of that state; a "foreign" corporation is one created by or under the laws of another state, government, or country.
See also
+ domestic corporation
When a corporation is organized and chartered in a particular state, it is considered a domestic corporation of that state. Term is used in contrast to foreign corporation which has been incorporated in another state, territory or country.
For tax purposes, a corporation created or organized in the U.S. or under the law of the U.S. or any state or territory. I.R.C. No. 7701(a)(4)
+ foreign corporation
A corporation doing business in one state though chartered or incorporated in another state is a foreign corporation as to the first state, and, as such, is required to consent to certain conditions and restrictions in order to do business in such first state. Rev. Model Bus. Corp. Act No. 1.40.
Under federal tax laws, a foreign corporation is one which is not organized under the laws of one of the states or territories of the United States. I.R.C. No. 7701(a)(5).
Service of process on foreign corporations is governed by Fed.R.Civil P. 4.
See also corporation

Black's law dictionary. . 1990.

Look at other dictionaries:

  • foreign corporation — see corporation Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. foreign corporation …   Law dictionary

  • Foreign corporation — A foreign corporation is a term used in the United States for an existing corporation that is registered to do business in a state or other jurisdiction other than where it was originally incorporated.[1] A foreign corporation is one incorporated …   Wikipedia

  • foreign corporation — Domestic and foreign corporations. With reference to the laws and the courts of any given state, a domestic corporation is one created by, or organized under, the laws of that state; a foreign corporation is one created by or under the laws of… …   Black's law dictionary

  • foreign corporation — corporation that is based in another country …   English contemporary dictionary

  • foreign corporation — noun also foreign company : a corporation or other organization having the essential attributes of a corporation that is chartered under the laws of a state or government other than that in which it is doing business …   Useful english dictionary

  • foreign corporation — In respect of a particular state or country: a corporation created by, or organized under, th e laws of another state, government, or country. 36 Am J2d For Corp § 1. As the term is used in federal statutes: a corporation created or organized… …   Ballentine's law dictionary

  • foreign corporation — A corporation conducting business in another country from the one it is chartered in and that abides by the laws of another country. Bloomberg Financial Dictionary See: alien corporation. Bloomberg Financial Dictionary …   Financial and business terms

  • foreign corporation —    A corporation that is incorporated under the laws of a state different from the one in which it is doing business, or of another country. Such a corporation must file a notice of doing business in any state in which it does substantial regular …   Business law dictionary

  • Controlled Foreign Corporation — Taxation An aspect of fiscal policy …   Wikipedia

  • Quasi-foreign corporation — A quasi foreign corporation (also known as a pseudo foreign corporation) is a corporation incorporated in a jurisdiction with which it has minimal business contacts. Corporations may incorporate in foreign jurisdictions in order to minimize… …   Wikipedia


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