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Foreign qualification is the process of formally registering your corporation, nonprofit, or LLC in a state other than your formation state. CT fast and reliable foreign qualification application service helps you protect your assets and avoid penalties as you extend your business beyond your formation state. We prepare all legal documents to register your company to do business in a new state and file the Certificate of Authority forms with the state.
Find the right legal structure for your business with the interactive incorporation tool.
When people say "I'd like to register my business," they usually mean incorporating their business as a C Corporation or an S Corporation or forming an LLC. By incorporating or forming an LLC, the company's owner or owners create a separate legal entity to transact business. The process involves properly completing and filing your documents and appointing a registered agent. If you incorporate, most states require that you hold an organizational meeting, issue shares and adopt bylaws. To be an S Corporation, you’ll also have to file an election statement with the IRS. LLCs have fewer state requirements, but it’s a best practice to adopt an operating agreement.
When you incorporate, the business becomes a separate legal entity, distinct from its owners. This new entity ─ whether it’s a C Corp, S Corp or LLC ─ often has enhanced credibility with lenders, potential customers, vendors and employees. Limited liability is another key benefit. Without incorporation, you are responsible for any debts and losses your business may accumulate. However, when you incorporate, you are typically held responsible only for the amount of money you personally invest or business debts you personally guarantee. Your personal assets typically cannot be used to satisfy the debts and liabilities of your business