Alien Corporation

Alien Corporation
A company incorporated under the laws of a foreign country regardless of where it operates. 'Alien corporation' can be synonymous with 'foreign corporation,' but the latter can also refer to a corporation formed in a different U.S. state than where it conducts business.
Foreign Corporation
A foreign corporation is a legal entity that is registered outside the state or country in which it primarily conducts business. It is important to distinguish between out-of-state corporations and alien corporations.

Accounting Terms Lexicon

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