Q: I’m trying to figure out the importance of a principle place of business. Why is it needed ? What purpose does it serve?
I’ve been doing research on a few companies that do business in Florida. However they are located in other states when combing through their business filings and reports I’m noticing that each of them list a principle place of business that they don’t actually inhabit or do business from my question is why is the principle place of business asked for in annual reports or on their license? If it’s false information is that illegal or are business just allowed to any address?
A: By stating that the address is their principal place of business, they are agreeing that the company is located in this state and therefore Florida has jurisdiction over them should they be sued. It's a similar concept to that of a human being (natural person) "residing" here.
Bruce Alexander Minnick agrees with this answer
A: If you name is Jennifer you have asked this identical question before. If not then take the good advice given by Mr. Thorgaard below.
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