The term
"foreign" refers to a US company that is created any where
outside a given state, and which whishes to do business is this state. For example, a company that
is formed in the state of Delaware in the US would be viewed as a
"foreign" company in other states such as the state of
Nevada. Similarly, a company formed in the United Kingdom would be
"foreign" if whishes to register to do business in the state
of Nevada or other state.
Companies
that do business in several states within the US have to "foreign
qualify" and must register for a Certificate
of Authority in that state and pay the applicable state filing
fees.
Copy of your company's registration document.
/Note: Some states
require a Certified Copy of the document. In such case we will inform
you separately./
Foreign Corporations Fee Schedule, NON Expedited service. All prices include state and service fees:
State
$
State
$
State
$
State
$
Alabama
115
Illinois
240
Montana
180
Rhode Island
370
Alaska
440
Indiana
210
Nebraska
210
South Carolina
200
Arizona
265
Iowa
220
Nevada
110
South Dakota
610
Arkansas
360
Kansas
270
New Hampshire
160
Tennessee
660
California
160
Kentucky
170
New Jersey
260
Texas
810
Colorado
190
Louisiana
160
New Mexico
260
Utah
120
Connecticut
365
Maine
310
New York
380
Vermont
160
Delaware
250
Maryland
160
North Carolina
310
Virginia
145
DC
260
Massachusetts
150
North Dakota
210
Washington
240
Florida
140
Michigan
120
Ohio
190
West Virginia
375
Georgia
290
Minnesota
260
Oklahoma
360
Wisconsin
160
Hawaii
160
Mississippi
560
Oregon
110
Wyoming
160
Idaho
220
Missouri
220
Pennsylvania
310
In many States Expedited service is
available:
Recommended Additions to your order:
Registered Agent Service-
$135 per year /Registered agent is a Legal or Physical
person, required (by most states) to have a physical address in
the state of company registration/
EIN number - $95
/Registration with the Internal Revenue Service, including
obtaining a Tax registration number/
Optional Additions to Your Order:
Apostille - $75
/International Legalization of a document/
A foreign corporation is an
existing corporation
that is registered to do business in a jurisdiction (such as a U.S.
State, or a country) other than the one where it was originally
incorporated. This article uses the word state to refer to
separate jurisdictions, as the typical example of a foreign
corporation is one that is incorporated in one state of the United
States, then is authorized to do business in additional state(s);
however, a corporation could be incorporated in one country and
authorized to do business in one or more additional countries,
depending on whether corporations are registered at the federal level
of a country, or at the sub-federal level, such as at the State or
Province level of a country. For the purposes of this article,
therefore, the term 'state' may also represent 'country' with respect
to different jurisdictions.
The use of foreign corporation registration allows a corporation to
operate in multiple jurisdictions as the same organization in all of
them. The only alternative would be to register a separate corporation
in each jurisdiction, and separate every operation according to the
particular jurisdiction to which the operations are taking place. This
would mean, for example, a corporation operating in 5 U.S. states
would have to have separate domestic corporations in each of the five
states, as opposed to having a single corporation registered in one
state, and being registered as a foreign corporation in the other
four.
The two basic ways to organize a corporation which operates in
multiple jurisdictions is
to operate as a single corporation having one jurisdiction to
which it is a domestic corporation and register as a foreign
corporation in all other states, or
create one primary corporation (or parent corporation
that owns the stock of all the other corporations, and each of the
other corporations is registered as a domestic corporation in each
state it operates. The parent corporation (or parent company)
is usually referred to as a holding company, while the
separate corporations are referred to as subsidiaries.
If the parent corporation owns all of their stock, they would be
referred to as wholly owned subsidiaries of the parent
company.
Operating a corporation as a holding company and separate
corporations in each state, or operating as a single corporation with
registrations as foreign corporations in all the other states than its
home state, is a matter of choice for the corporation's directors and
officers depending on how it operates, damage liability and tax
consequences. A corporation may find it more advantageous operating as
separate companies in each state or jurisdiction, or it may find that
operating as a single organization may make more sense.
One reason for operating as a single corporation having foreign
corporation status in other states is because of corporate governance
rules which dictate that the rules of the state where the corporation
is a domestic corporation apply for certain provisions such as voting
rights, officer and director protection, and liability for
misconduct.
One reason for operating as a holding company with separate
domestic corporations is because of potential liability issues such as
in operating facilities which have high potential liabilities in the
event of accident or failure. Thus only the assets of the particular
corporation in the particular state are at risk in the event of a
lawsuit, as opposed to the assets of the entire corporate entity. In
some cases, because of ownership rules, the laws of a jurisdiction may
require separate businesses to be operated by subsidiaries in order to
protect the business of the subsidiary from the operations of the
parent. This is most prevalent in the case of subsidiaries which are
banks or public utilities such as electric power companies.
