Eloisa

Domestic Corporation Definition.



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A domestic corporation is a corporation that is organized and operated under the laws of a single country. The term is typically used in contrast to a foreign corporation, which is a corporation that is organized and operated under the laws of more than one country. What does domestic mean in finance? In finance, domestic … Read more

What is a sole administrator?



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A commercial company, or a company in general, must be directed or administered on a day-to-day basis by an administrative body. This can either be constituted by a board of directors, or by one or more administrators, who do not constitute a board. In the case of the sole administrator, all powers and responsibilities relating … Read more