Out of State Qualifications


If your corporate clients are thinking about doing business in another state, they must be authorized to do business there. What constitutes “doing business” varies from state to state. It may include hiring employees, opening bank accounts, buying or leasing property for business purposes, generating more than a minimal amount of income (and such income will be ongoing), engaging in litigation, selling through independent contractors, carrying on internal corporate affairs or maintaining agencies/offices for transfer of securities.


If an entity does not file or “qualify” it will not have access to the courts. If sued, it will be harder to defend the entity in court. Also, it may be subject to fees and penalties.


Speak to a Blumberg corporate services representative to find out the cost and time frame to file an Application for Authority to qualify in another state.


To start the qualification process most states request a Certificate of Good Standing or Corporate Existence from the state of initial formation. Our corporate service representative will obtain it for you. BlumbergExcelsior can also provide registered agent services, a requirement in most states.


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