The Pennsylvania Statement of Domestication [DSC:15-375] is a legal document that is filed with the Pennsylvania Department of State Corporations Bureau (DSC) when a business entity is changing its jurisdiction from another state to Pennsylvania. This document must include the name of the existing business entity, its current state of formation, the state to which the business entity is being domesticated, and the name of the registered agent in Pennsylvania. Additionally, it must be signed by an officer of the business entity and be notarized. There are two types of Pennsylvania Statement of Domestication [DSC:15-375]: Non-Profit and For-Profit. The Non-Profit version is for organizations that are registered as non-profit entities in another state and are seeking to register as a non-profit entity in Pennsylvania. The For-Profit version is for organizations that are registered as for-profit entities in another state and are seeking to register as a for-profit entity in Pennsylvania.
Pennsylvania Statement of Domestication [DSCB:15-375]
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Your best option for easily transferring LLC ownership is to write an Operating Agreement (OA) with transfer provisions for LLC owners. An Operating Agreement (OA) is a document with customized provisions dictating how an LLC conducts business. Your OA can determine how to transfer ownership of an LLC in Pennsylvania.
Your best option for easily transferring LLC ownership is to write an Operating Agreement (OA) with transfer provisions for LLC owners. An Operating Agreement (OA) is a document with customized provisions dictating how an LLC conducts business. Your OA can determine how to transfer ownership of an LLC in Pennsylvania.
What is domestication for a Pennsylvania LLC? Pennsylvania state law allows for a process called domestication, which is a state-assisted process in which a business moves from one state to another (in this case: PA). Not all states offer domestication, but fortunately Pennsylvania does.
Record searches will provide a complete filing history of an entity. You may request a written search by submitting a letter to the bureau at: Department of State, Bureau of Corporations and Charitable Organizations, PO Box 8722, Harrisburg, PA 17105-8722.
In short form, below are what each of these terms means: Statutory Conversion ? Changing from one business entity type to another. Business Domestication ? Moving a business entity to a different state, changing its residence (a.k.a. changing its domicile)
States offering domestication: California. Colorado. Delaware. Florida. Georgia. Louisiana. Maine. Michigan.
Registered Agent Service A statement of domestication is used to change the home state of an entity. This process can become complicated for entities registered in multiple states. See the table below for details on filing a statement of domestication in Pennsylvania.