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a Guide for Qualifying Foreign Corporations Illinois Secretary of 2014-2025

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what is foreign qualification hi this is the business guy foreign qualification refers to registering an entity such as a corporation or llc that is formed in one jurisdiction so that it can also do business in another jurisdiction and stay tuned because i'm going to give you one very big thing that every company must do in order for unqualified that can save you thousands of dollars in fines and penalties let's say you have a company formed in delaware or wyoming for example we can register that company so that it can also do business in a state such as florida or california for a u.s company the word foreign can sound like an international idea but from the perspective of the state where the company is formed it does not necessarily mean operating outside of the u.s corporations and llcs are only considered domestic in the state of formation so foreign within the u.s refers to a state or jurisdiction outside of the place where the entity was originally filed now as a

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