What Is a Foreign Corporation?

Posted by: Rod Kurtz on November 7, 2007

A corporation conducting business in one state when incorporated or chartered in another is considered a foreign corporation. If your corporation will conduct business in any state or states other than the state in which it was incorporated, you’ll need to determine what qualifications or registrations are required by the other state or states.

To read the full AllBusiness.com story, click here.

Reader Comments

B. Drew Hawes

March 5, 2008 2:15 PM

What easy steps do I need to take to set up a home-based business that will be operating in the Philippines? I need info to ensure I am able to legally report all income and expenses at time time.

Post a comment

 

About

Want to improve the way you run your business? Entrepreneurs, academics, and consultants from diverse industries offer practical advice on a variety of topics each business day.

To submit a tip for consideration, first check our archive of previous tips to make sure you're not repeating a tip someone has already contributed. Then send the tip to Small Business channel contributor Michelle Dammon Loyalka. Because of the volume of material she receives, she may not respond to each individual.

BW Mall - Sponsored Links

Buy a link now!