Q: Can you please help me understand if my company requires foreign llc formation
-Business Owners/Cofounders: 3
-Business Nature: Online digital marketing agency offering online services, no physical locations, completely remote work
-Business Owner Locations: Florida, California, Ohio
A:
To better understand whether your company requires foreign LLC formation, we need to clarify what you mean by "foreign LLC." In general, a foreign LLC refers to an LLC that is registered to do business in a state other than the one in which it was originally formed.
Here are a few considerations:
Primary State of Formation: The state in which your LLC is originally formed.
Nexus and Compliance: If your business activities create a "nexus" (sufficient presence) in other states, you might need to register as a foreign LLC in those states to comply with their regulations.
Remote Work: Even though your business operates remotely, the presence of owners in different states could trigger the need for foreign registration, depending on state-specific rules.
We'll need more information to better assist you.
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