Most states require
out-of-state businesses
to be registered.
Most states require out-of-state businesses – not only Corporations, but often also Limited Liability Companies, Limited Partnerships, business trusts and other entities doing business in their jurisdiction – to obtain a Certificate of Authority and have a Registered Agent .
Different states have different definitions of just what “doing business” is. Virginia, for example, makes no effort to define the transaction of business in Virginia, since, per a former Virginia Code Commission, no inclusive definition seems possible.
Va Code §13.1-757(B) provides a non-exhaustive laundry list of the types of activities which may not of themselves constitute transacting business:
• Hold board or shareholder meetings
• Maintain, defend or settle any proceeding
• Maintain bank accounts there
• Have offices there for transferring, exchanging or registering of your own securities
• Sell through independent contractors there
• Solicit or obtain orders by mail, employees or agents, if the orders require acceptance outside the state before they become contracts
• Incur debts there
• Secure or collect debts there
• Own, without more, real or personal property there
• Conduct an isolated transaction there that can be finished within 30 days and not repeated
If you don't exactly fit a specific exemption, then you’re probably doing business in that state and must have a Certificate of Authority and a Registered Agent.
For more informations:
MR AGENT
7102 Three Chopt Road
Richmond, VA 23226
Phone: (804) 288-1801
Phone: (804) 288-1801
Fax: (804) 288 1007
Info@mragentpc.com
Any materials published on this site are intended for informational and educational purposes only and not as legal advice.
For any information concerning the content of this site, please contact John V. Robinson, 7102 Three Chopt Road, Richmond, VA 23226.