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What is Foreign Qualification?

Foreign Qualification is the process of registering a business in a state other than the state it was originally formed in. An entity may do this when they conduct business in multiple states or because they, for tax reasons, have formed their company in a state other than their home state. 

When You Need Foreign Qualification

One of the most common documents that companies need periodically after they form their entity is a certificate of good standing.

All states offer some form of a certificate of good standing, sometimes called a certificate of status, status certificate, certificate of existence, or certificate of authorization. They are typically issued by the Secretary of State in the state where...

You've made plans. You've chosen a name for your new business. You are all set to open up shop. You place your order to form your LLC or corporation and...you hit your first roadblock. The business name you selected is unavailable. What now? 

The good news is that it may not be an issue. Let's take a look at how...

After over 40 years in business, we've answered a lot of questions from our clients. Today we're sharing our most frequently asked questions and their answers.

What can I use my registered agent's address for?

Your registered agent will accept and forward your annual report tax notices, all official documentation from the Secretary of State, as well as service of process.

One of the reasons that many business owners choose to form their LLCs in Delaware is because of the business-friendly laws of the state. There are plenty of reasons to form your entity in Delaware but the ease of adding or removing members may be a great benefit to companies just starting off or who anticipate ownership changes. 

Thinking about starting a non-profit? Non-profits play a pivotal role in our economy and our communities. In fact, according to Urban Center's National Center for Charitable Statistics, the nonprofit sector contributed an estimated $985.4 billion to the US economy in 2015, composing 5.4 percent of the country's gross domestic product (GDP). [source]

In recent years, the non-profit...

One of the most common questions we receive from clients is, "How do I provide proof that my company exists?" It may seem like a simple question but it's one that causes confusion - and for good reason! The document proving the existence of your company may be called a variety of names dependin...

In light of the stay at home orders and social distancing, many businesses needs have changed.

Our conference rooms sit empty, replaced by little squares on a screen. Businesses with little online presence abruptly had to pivot to completely online. Tech teams had to jump to handle the need for website changes allowing curbside pickup. Fulfillment teams had to put...

The IRS recently introduced two new tax credits to business owners who have been impacted by the Coronavirus pandemic. Many of our clients are small business owners who may be eligible for these tax credits so we thought we'd share the quick version of what these tax credits may mean for you.

The tax credits fall into two categories...

Small businesses are the lifeblood of our business. We're with you from the very first step - forming your LLC or Corporation and we provide service to thousands of small businesses each year. We are proud to be a part of your story.

Our country is experiencing an unprecedented time of economic uncertainty and small businesses are often the most...

At some point in running and growing your business, you'll discover a task that is either outside of your skillset or simply would take you too much time to complete yourself while running your business. This is where you have the option to hire a freelancer to complete the task.

Today there are a number of trusted online marketplaces to...

Changing the name of your LLC or corporation can seem overwhelming. If you've been operating with one name for an extended period of time and wish to change the name of your business, you probably have to change the name in a variety of places like your bank, your insurance company, your social media, etc.

But first, you have to...