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What is a foreign entity?

Asked by: Polin - 26 June, 2012
https://d25eic0jctudgb.cloudfront.net/images/site/avatars/default.png-f1597c1da25f30f8c1a941405e8391c8 What is foreign entity?
Answered by: Ray Albert - 28 June, 2012
https://d25eic0jctudgb.cloudfront.net/images/site/avatars/194.jpg-630c771619e92bede7e6f696b56767b9 Polin,

Let's say you have a business registered in your home state and want to expand the business to be registered in other states as well. For example, you are opening a new office in a different state. You would file your business as a foreign entity into the new state of business.

To research further details, click here to view our article on Foreign Entity Qualification.

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