Business Glossary

company incorporated under the laws of a foreign country regardless of where it operates. "Alien corporation" can be used as a synonym for the term foreign corporation. However, "foreign corporation" also is used in U.S. state law to mean a corporation formed in a state other than that in which it does business.

company incorporated under the laws of a foreign country regardless of where it operates. Alien corporation can be used as a synonym for the term foreign corporation. However, foreign corporation also is used in U.S. state law to mean a corporation formed in a state other than that in which it does business.

company incorporated in a foreign country. The term is sometimes used interchangeably with foreign corporation , although there is a technical distinction between the two. In state laws throughout the United States, the term foreign corporation is used to refer to a corporation chartered in another state. In general business usage and in the federal tax laws, the term foreign corporation is used to refer to a company incorporated in a country other than the United States.