Carrying on business

{
  "id": "MLC-T-LAW-000873",
  "term": "Carrying on business",
  "field": "Law",
  "definition": "Engaging in a continuous and systematic course of conduct for the purpose of earning profit or generating revenue. This legal concept determines whether an entity is subject to the laws and taxation of a particular jurisdiction. The specific activities that constitute 'carrying on business' can vary depending on the context, such as corporate law or tax law, and often involve more than isolated transactions.",
  "url": "https://mlchart.com/terminology/law/carrying-on-business/"
}