I'm Australian and have registered in Wyoming as a foreign entity, but was informed my 864 credit score isn't acknowledged in America, so I think I'm 300 there 😅 😊
A foreign entity can have multiple definitions, including: A business entity not incorporated in the United States 1.A foreign entity can be any corporation, business association, partnership, trust, society, or other group that is not organized or incorporated to do business in the United States. This can also include international organizations, foreign governments, and any agencies or subdivisions of foreign governments. 2.A business entity formed in another state A foreign entity can also be a business entity formed in a state other than the one in which it was originally formed. This is also known as "foreign qualification" or "applying for authority to conduct business" in the new state. For example, if a Nevada corporation wants to expand into New York, it would need to file as a foreign entity in New York State. 3.An operation with financial statements prepared in a different currency In accounting, a foreign entity can also be an operation, such as a subsidiary, division, branch, or joint venture, whose financial statements are prepared in a different currency than the reporting entity.
