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A foreign Colorado LLC is an LLC that was formed in a different state and then registered to do business in Colorado. If you operate an LLC outside of the state of Colorado and you want to do business in Colorado, you will need to register your LLC as a Colorado foreign LLC.
Articles of Incorporation were filed through the Secretary of State's Office and through the Territorial Legislature. Records can thus be found in the Secretary of State's Incorporation Books and in the Legislative Session Laws.
A foreign entity can obtain authority to transact business in Colorado by filing a Statement of Foreign Entity Authority with the Colorado Secretary of State. Navigate to the Business Organizations page. Select ?File a business document?, Click on "File a form to create a NEW record".
How much do Colorado foreign corporations cost? You must pay a $100 filing fee to submit the Statement of Foreign Entity Authority to the Colorado Secretary of State.
Businesses that are incorporated in another state will typically apply for a Colorado certificate of authority. Doing so registers the business as a foreign entity and eliminates the need to incorporate a new entity. Operating without a certificate of authority may result in penalties or fines.
A foreign entity is any corporation, business association, partnership, trust, society or any other entity or group that is not incorporated or organized to do business in the United States, as well as international organizations, foreign governments and any agency or subdivision of foreign governments.
You must file online and pay the $50 filing fee. The SOS will process the Articles of Incorporation usually within 24 hours. Once your corporation is formed, you will need to obtain an Employer Identification Number from the IRS.
To complete the Statement of Foreign Entity Authority, you must file the statement online on the Colorado Secretary of State's website. The Statement of Foreign Entity Authority costs $100 to file and it must be filed online on the secretary of state's website.