 Many public corporations in the United States are registered in the State of Delaware (because of more favorable corporate governance regulations), or registered in Nevada (because of more favorable tax provisions and corporate officer liability protection) and then are registered as foreign corporations in all the other states that they do business in.Thus the corporation is a "domestic corporation" in Delaware or Nevada, and is a "foreign corporation" in any other state (or country) with which it registers.While there may be tax benefits as a result of choosing where a corporation's domestic jurisdiction is located, registering as a foreign corporation in another state can create new tax liabilities.