Which type of company is organized in the same state?

A domestic company is one that is organized, incorporated, or established in a specific state. This means that its legal formation and operations are governed by the laws of that state. For instance, if a corporation is formed in Texas, it is considered a domestic company in Texas.

In contrast, a foreign company is one that operates in a state but was incorporated in another state. An alien company refers to a corporation that is incorporated in a different country, and a national company typically refers to a company that operates on a national scale, which may not necessarily be defined by its state of incorporation. Therefore, the term that specifically describes a company that is organized in the same state as where it conducts its business is the domestic company.