noun
domestic corporation; corporation established under domestic law
Legal term used in Japanese corporate and tax law to refer to a corporation formed under Japanese law, as opposed to a foreign corporation (外国法人).
内国法人は、日本法に基づいて設立された法人を指します。
A domestic corporation refers to a corporation established under Japanese law.
税法上、内国法人と外国法人では課税の扱いが異なります。
Under tax law, domestic corporations and foreign corporations are treated differently for taxation purposes.
外国法人 is a foreign corporation, i.e., one established under foreign law, contrasting with 内国法人.
Compound of 内国 (domestic) + 法人 (corporation). The term is a direct translation of the English legal concept 'domestic corporation'.