Alien Corporation -- Company established under the legal rules and regulations of a foreign country, no consideration being made of its operating location. Although the phrase "alien corporation" can sometimes be used in place of the expression foreign corporation, U.S. state law delineates a foreign corporation as an entity founded in a state different from that in which it operates.
About the author
Copyright © 2007 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional financial or legal advice. TeachMeFinance.com and its owner recommend consultation with a professional financial advisor prior to any investment or financial decision. Please read our disclaimer.