Which type of corporation is formed in another state but doing business in a different state?

A corporation that is formed in one state but engages in business activities in another state is classified as a foreign corporation in the context of corporate law. This designation arises because the corporation is considered foreign to any state other than the one in which it was originally incorporated.

When a corporation is established, it registers and receives a charter from a specific state. This state is known as the domestic state of the corporation. If that corporation wishes to expand its operations into other states, it must register as a foreign corporation in those additional states to comply with their specific laws and regulations governing businesses operating within their jurisdiction.

Understanding this classification is crucial for compliance purposes, as it affects how the corporate entity handles taxation, legal liabilities, and regulatory requirements in each state where it conducts business. The other types mentioned, such as public and private corporations, relate to ownership structure and share distribution rather than the jurisdiction in which the corporation operates.