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 ?
However, often foreign companies simply don't know that the products they buy abroad are manufactured in Azerbaijan as well.
Under current law, foreign companies who are conducting commercial activity in the United States can claim immunity in U.
You need to get in touch with the foreign companies and see what the market's needs are to meet them," said Stefan Peter, President of the Foreign Investors Council.
Abed Ezz El Regal, CEO of the Egyptian General Petroleum Corporation (EGPC), told Daily News Egypt that foreign companies received $300m of the ministry's dues last week.
The country's leadership has promised to spur growth in the slowing, state-dominated economy by opening more industries wider to foreign companies.
Foreign companies were previously required to partner with local engineering firms to open a business in the Kingdom.
Foreign companies don't stop investing in Macedonia, even if the political crisis has negative effects on their businesses, they remain optimists.
Foreign companies that did raise equity capital in the United States through the third quarter of 2014 did so overwhelmingly via private rather than public markets.
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.
KABUL (Pajhwok): The Afghanistan Investment Support Agency (AISA) on Tuesday said it had set a one-month deadline for 15 foreign companies to pay taxes to the government in line with the law of the land.
Since exploration and production of oil and gas in shale regions began surging around 2007, foreign companies have poured billions into mergers with American energy companies.

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