foreign corporation

(redirected from Foreign Companies)
Also found in: Legal.

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 ?
"Iran's Oil and Gas Show offers a good venue for Iranian and foreign companies to show off their capabilities in the oil and gas sectors," he said.
The conspiracy of foreign companies to squander the wealth of the country is a matter of great danger for India's present and future.
These two foreign companies look set to stay for a number of years to come and will continue to cause massive traffic jams.
Many foreign companies lack a deep understanding of the Japanese market, with the result that they become excessively dependent on their Japanese distributors.
Under the SCs, foreign companies will finance all the development work and and will be paid in crude oil on long-term basis.
But there have been complaints in parliament that the BBC grants foreign companies too much money at the expense of NIOC, while foreign companies still regard the buy-back approach as a "preliminary investment" pending a more attractive PSA system (see Part 2 next week).
The TSE hopes to decide on the criteria by November in light of strong interest expressed by foreign companies in listing on Mothers, the officials said.
The Congress leader said that the Modi government has helped foreign companies to start online shopping portals before launching outlets, which would have created employment.
He submitted that, as per bylaws of Pakistan Engineering Council, foreign companies could not participate in bidding without a joint venture with a local company.
ISLAMABAD -- Federal Minister for Science and Technology Fawad Chaudhry on Friday urged foreign companies operating in the country to hire local engineers and technicians.
SPA said this figure represented more than four companies setting up in the country every day, and the mining and quarrying sector saw 11 foreign companies receive licences during the year's opening quarter.

Full browser ?