ALIEN CORPORATION Meaning and
Definition
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An alien corporation refers to a legal entity that is incorporated in a foreign country but conducts business activities within a different country or jurisdiction. It is often denoted as an "alien" due to its foreign origin compared to the local or domestic corporations in the host country.
This type of corporation operates independently from its home country and adheres to the legal framework and regulations of the country where it conducts its business. The term "alien" does not imply that the corporation is extraterrestrial in nature, but rather highlights its foreign identification.
Alien corporations are characterized by their presence in a host country, where they typically establish subsidiaries or branch offices to facilitate their business operations. They may engage in various activities, such as manufacturing, sales, or services, within the host nation. However, they remain subject to the laws, regulations, and tax obligations of both their home country and the country where they operate.
Furthermore, alien corporations are often subject to specific regulatory requirements imposed by the host country's government to ensure compliance with local laws, protection of public interest, and fair competition. These regulations may include obtaining permits or licenses, adhering to local labor laws, and fulfilling taxation obligations.
In summary, an alien corporation is a foreign-incorporated entity that conducts business activities in a country other than its place of origin while adhering to the laws, regulations, and obligations of both its home country and the host country where it operates.
Common Misspellings for ALIEN CORPORATION
- zlien corporation
- slien corporation
- wlien corporation
- qlien corporation
- akien corporation
- apien corporation
- aoien corporation
- aluen corporation
- aljen corporation
- alken corporation
- aloen corporation
- al9en corporation
- al8en corporation
- aliwn corporation
- alisn corporation
- alidn corporation
- alirn corporation
- ali4n corporation
- ali3n corporation
- alieb corporation
Etymology of ALIEN CORPORATION
The etymology of the term "alien corporation" can be traced back to the Latin word "alienus", which means "foreign" or "strange". In English, the word "alien" was first used in the 14th century to refer to something foreign or belonging to another country or nation. The term "corporation" originated from the Latin word "corporatus", which means "formed into a body". A corporation, in its legal sense, refers to a company or organization recognized as an individual entity separate from its owners or members. Thus, the combination of "alien" and "corporation" is used to describe a foreign or non-domestic corporation— one that is formed and operates in a country other than its home or origin.
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