foreign corporation

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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. See: Alien corporation.

Foreign Corporation

A corporation that operates in one country but was organized and is based in a different country. Foreign corporations must abide by domestic regulations and business practices, but may (or may not, depending on the specific organization) submit their profits to shareholders in the home country. Many corporations operate in multiple countries, and are considered foreign corporations in each country except the home country. See also: Domestic corporation, International corporation.

foreign corporation

A firm that conducts business in states or countries other than the state or country in which it is incorporated. For example, a firm incorporated in Canada but conducting business throughout North America is considered a foreign corporation in the United States. Compare domestic corporation.

foreign corporation

Any corporation organized under the laws of another state or country. Foreign corporations may sue and be sued in the courts of a state only if they are registered and licensed in that state.Normally,if a foreign corporation does business in a state without registration, it may not use the courts of the state to sue the defaulting party.

Foreign Corporation

A corporation not organized under the laws of one of the states or territories of the United States.
References in periodicals archive ?
These efforts have generated much interest among foreign companies in listing for trade on TASE, and several companies are presently considering the possibility of listing in Tel-Aviv.
The TMG is advancing efforts to attract foreign companies and develop a more business-friendly environment by attracting talent, information and investment from around the world to Tokyo using the special economic zone systems of the national government.
LIC was the sole insurer in the country before the insurance sector was opened to foreign companies, and its market share has now dropped to 75 percent because of competition.
He told the National Iraqi News Agency / NINA / that "the current security situation could affect the work of some foreign companies in Iraq, and this effect depends on the type of activity of these companies and places of work.
CDIs are used to allow the shares of some foreign companies listed on ASX to be traded in Australia.
In addition to the 15 foreign companies, purchasers of 52 land plots in industrial parks were asked to launch activities within a month or the allotments would be scrapped.
However, despite the drop in the share of Arab investments, 60 foreign companies registered in Lebanon in 2013, a slight increase compared to 56 in 2012, the report said.
China's National Development and Reform Commission is investigating five foreign companies, and one Chinese company, for allegedly violating market competition laws by manipulating retailers to sell infant formula at inflated prices.
Rejab Safarov told the oil ministry's website that domestic and foreign companies were highly motivated to showcase their latest achievements at Iran's 18th International Oil, Gas, Refining and Petrochemical Exhibition despite US and EU sanctions and negative propaganda against Iran.
Noahtani demanded that foreign companies should hand over a share of the benefits from the projects to the local populace.
ySTANBUL (CyHAN)- The number of Iranian-funded foreign companies established in Turkey rose in October for the 10th consecutive month, a Turkish Union of Chambers and Commodity Exchanges (TOBB) report revealed on Friday.
Mozambique will review its laws on mergers and acquisitions of foreign companies that own assets in the country, extending its jurisdiction to sectors, particularly mining, where such deals are rampant.

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