/ˈkɔːrpərət ˈprɛzəns ɪn ðə steɪt/ – Phrase
Definition: sự có mặt về pháp lý của công ty trong lãnh thổ bang.
A more thorough explanation: Corporate presence in the state refers to the legal status of a corporation being registered and authorized to conduct business activities within a specific state jurisdiction. This typically involves the corporation complying with state laws and regulations, obtaining necessary licenses and permits, and maintaining a physical presence or representation within the state for conducting business operations.
Example: The company established a corporate presence in the state by registering with the Secretary of State and obtaining the necessary business licenses.