What defines a foreign limited liability company?

A foreign limited liability company (LLC) is defined as a business entity established in one country but operating or conducting business activities in another country. It retains the characteristics of an LLC in its home jurisdiction, such as limited liability for its owners (members) and operational flexibility. Typically, forming a foreign LLC involves complying with the laws and regulations of both the home country and the foreign jurisdiction where it operates. This includes registering with local authorities, paying taxes, and possibly appointing local representatives or agents to ensure compliance with local laws.