How To Register My Llc In Another State

It just obtains permission for your llc to do business in the state.

How to register my llc in another state. States have the power to prohibit foreign companies from doing. To make matters worse even when the facts are exactly the same the answer can vary from state to state. Register to do business in your new state. If you decide to register your llc out of state you should note that you will be considered a foreign llc. In some states this is called a certificate of authority in others it s the statement designation by a foreign corporation.

You have to register as a foreign llc with every state where the company makes business transactions file annual reports and pay any fees imposed by the foreign state. Keep old llc and register in new state. As a foreign llc you must file for a certificate of authority and pay the required registration fees. Understanding why companies have to register to do business in another state. Whenever a company does business within a single state it has to register with the state government which means paying the necessary taxes and filling out paperwork.

Of course if it is worth it you can incorporate in another state and register as a foreign company in your home state. The answer to whether or not you need to register your business in another state is very fact specific and is a bit more complicated than it may seem. A physical presence such as an office or storefront in a state is a strong sign that you need to register your llc in there. The registration of your llc in a state other than its home state is sometimes called qualifying. Registering your business in state vs.

When you move an llc to another state your business is considered a foreign llc in that state. Llc limited liability company or other statutory business entity is a domestic company in one state its formation state. Depending on the state you may also need to pay state taxes like corporate and franchise taxes. If you register your llc in one state and have a physical presence in another state you may incur double the fees. You will need to register your llc in each state in which you have a physical presence.

You can register your llc in any state that you choose but this is a large caveat of which you need to be aware. It is considered a foreign company in all other states. It s perfectly acceptable to have an business that is formed in one state and registered to do business as a foreign llc in one or more other states. If you have determined that you need to register your business in another state you will need to submit an application with that state s secretary of state office. This entails filing a form and paying an annual fee which varies from state to state.