A Foreign Corporation is a term used in the United States for an existing corporation that is registered to do business in a state or jurisdiction other than where it was originally incorporated.
A foreign corporation is one incorporated as a domestic corporation in one state of the United States, authorized to do business in additional state(s). The use of foreign corporation registration allows a corporation to operate in multiple jurisdictions as the same organization in all of them without forming a separate corporation for each state.
The same rules apply with respect to a Limited Liability Company (LLC), in that it is a domestic LLC in the state where it is originally chartered, and a foreign LLC everywhere else.
Foreign Corporations registered to do business in Delaware are required to file an Annual Report on or before June 30th of each year following the calendar year in which their Qualification Certificate becomes effective. The filing fee for the Annual Report is $125.
Foreign corporations are assessed a 100% penalty of $125 if the Annual Report is not filed on time, plus 1.5% interest per month on unpaid balances due.
Please contact us to register your foreign corporation in Delaware. We will supply a price quote for the registration fee along with preparation and processing of the Qualification Certificate of a Foreign Corporation.