What is a Foreign Entity in Delaware?
The state of Delaware Foreign corporation or a Limited Liability is formed under the laws of Delaware to transact business in the state of Delaware by a foreign state entity. The state of Delaware will impose penalties, if the advertising or conducting business with an out of state entity in the state of Delaware.
Check name availability of a foreign corporation in Delaware
- A name must be available in order to register a foreign entity in the state of Delaware.
- If the name is not available to form a foreign entity in Delaware, please choose a new name and list it as follows after the true name” doing business under the assumed name, and the assumed name must be checked, if it is available to use to register.
How long does Delaware Secretary of State takes to process foreign entity?
Generally, state of Delaware process the application in 24-48 hours.
How to obtain an authority to transact business in Delaware by an out of state entity?
- A Certificate of Existence must be accompaind with the application to obtain an authority to transact business in Delaware, dated within 6 months prior to the filing for a foreing entity, from the foreign corporation’s jurisdiction of incorporation. If such certificate is in a foreign language an English translation must be attached.
- Complete an application of State of Delaware Qualification Certificate of a Foreign Corporation.
How to maintain a Delaware Foreign Entity?
- An annual report of a foreign entity Delaware must be filed every year by June 30.
- You will use home state employer identification number to open a bank account file taxes.
- You are responsible to withdraw Delaware foreign entity, if you are no longer in business in Delaware.
