pseudo-foreign company; company incorporated abroad but mainly operating in Japan
Legal term under Japanese corporate law. Refers to a company formally incorporated in a foreign jurisdiction but whose principal place of business or management is in Japan. Such companies are subject to certain Japanese legal requirements similar to domestic companies.
See also: 外国会社
A pseudo-foreign company is subject to Japanese law if it has its principal office in Japan.
A general foreign company, without the implication that its main business is actually in Japan. 擬似外国会社 specifically denotes a foreign-incorporated entity that is effectively domestic in operation.
Compound of 擬似 (pseudo-, quasi-) + 外国 (foreign country) + 会社 (company). A modern legal term.