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 ?
In its meeting last Thursday (November 19, 2015), TASE's board decided the definition of "a foreign company with an Israeli Orientation" for the purpose of addition to indices and the weight cap for companies added to indices, until the implementation of the expected new indices methodology.
She further said that the tribe has 600-year old documentary record of their land but the Musharraf's regime had reached the agreement with a foreign company, ignoring concerns of the local community.
Hopefully the new law will help in confirming that a PE cannot be constituted for a foreign company through an independent agent.
Even if new investors in the IPO acquire a 41% interest in the new foreign company (such that the former shareholders of the U.
SNOVA, on paper, is a Japanese company, but not in Ito's eyes, for its president, Keiko Hyuga, was the first person from the cosmetics maker to visit So Fast-just like a foreign company president.
The foreign company must guarantee the field's production capacity one year after termination of the BBC.
A new oil refinery, to be built in Adrar region more than 1,000 km south of Algiers and 270 km west of the In Salah gas fields, is being promoted as a JV with a foreign company.
In the case of a JV, a foreign company should contribute up to 49% of the capital and would be subject to the same tax regime as Sonatrach.
The decision Friday suspends for another six months the provision of the law that would allow United States citizens or corporations to sue any foreign company using confiscated American property in Cuba.
But a foreign company or individual that comes to Tokyo to set up an office will look in one of Tokyo's two major English-language phone books and see Royce and Associates and call me first.
bank or holding company provide forty-five days' prior notice to the Board before investing in any foreign company in an amount that exceeds the lesser of $25 million or 5 percent of its capital.

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