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Doing Business in Other States
A company conducting business in a state other than the one in which it was organized must comply with that state's requirements for foreign limited liability companies. A company ordinarily must have a registered agent for service of process, file an annual report, and pay an annual fee. Companies usually do not need to register in other states if they engage in a single job or contract. Registration in a foreign state will be required if your company has an office or has numerous contacts over an extended period of time.
Failure to register can result in drastic consequences. Companies that fail to register may not start lawsuits or enforce their contracts. The company can also be held liable for significant taxes, fines and penalties.
Your lawyer can advise whether your company's activities require registration to do business in any states outside your state of organization. Your lawyer can also suggest the name of a person to use as your registered agent for service of process for each state in which your company is doing business.
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The information you obtain at this site is not, nor is it intended to be, legal advice. You should consult an attorney for individual advice regarding your own situation.
Copyright © 2008 by Velasco Law Office. All rights reserved. You may reproduce materials available at this site for your own personal use and for non-commercial distribution. All copies must include this copyright statement.
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