A quasi-foreign corporation (also known as a pseudo-foreign corporation) is a corporation incorporated in a jurisdiction with which it has minimal business contacts. Corporations may incorporate in foreign jurisdictions in order to minimize liability, taxes, or regulatory interference.
Offshore corporations are a common example, as are Delaware corporations and Nevada corporations in the United States.
Read more about Quasi-foreign Corporation: Legal Regimes
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“It is truly enough said that a corporation has no conscience; but a corporation of conscientious men is a corporation with a conscience.”
—Henry David Thoreau (1817–1862)