Foreign Corporation

Business, Legal & Accounting Glossary

Definition: Foreign Corporation




What is the dictionary definition of Foreign Corporation?

Dictionary Definition


n. a corporation which is incorporated under the laws of a different state or nation. A “foreign” corporation must file a notice of doing business in any state in which it does substantial regular business. It must name an “agent for acceptance of service” in that state, or the Secretary of State in some jurisdictions will automatically be that agent so people doing business with a foreign corporation will be able to bring legal actions locally if necessary. Example: the Whoopee Widget Corporation is incorporated in Delaware. It has a sales office in Arizona, which does not make a guaranteed refund to Jack Jones of Arizona. Jones can sue Whoopee in Arizona and serve the Arizona Secretary of State or Whoopee’s designated agent.


Cite Term


To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/foreign-corporation/
Modern Language Association (MLA):
Foreign Corporation. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. September 16, 2021 https://payrollheaven.com/define/foreign-corporation/.
Chicago Manual of Style (CMS):
Foreign Corporation. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/foreign-corporation/ (accessed: September 16, 2021).
American Psychological Association (APA):
Foreign Corporation. PayrollHeaven.com. Retrieved September 16, 2021, from PayrollHeaven.com website: https://payrollheaven.com/define/foreign-corporation/

Definition Sources


Definitions for Foreign Corporation are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 28th April, 2020 | 0 Views.