How to file a foreign entity or foreign corporation?
In order to establish a business in another jurisdiction or state, registering your business as a foreign entity or foreign corporation is mandatory. The process of establishment of business in another state also known as “foreign filing” or Out-of-State Entity which can be applied via Secretary of State’s website.
As an example, if your business is incorporated in New York and you want to extend your business to some business friendly place like Delaware. To do business legally in Delaware you need to qualify for a foreign corporation or foreign entity. Generally, all states have a similar filling process to register or to qualify as a foreign corporation. But there are exceptions where few states might ask for more details. Kindly refer specific Secretary of State guidelines. For example, many states demand “Certificate of Good Standing” or “Certificate of Authorization” or “Certificate of existence” depends upon state to state. Such certificates are required to be filed along with “Foreign Corporation Certificate” or “Statement or Designation by Foreign Corporation”. Such certificates act as an evidence regarding the foreign corporation existence and give the authorization to conduct business legally in that particular state/country.