Form with which a corporation may resolve to alter its corporate status top that of a subchapter (S) corporation.
S Corporation With Foreign Shareholder In Fairfax
State:
Multi-State
County:
Fairfax
Control #:
US-0046-CR
Format:
Word;
Rich Text
Instant download
Description
Free preview
Form popularity
FAQ
Changing your business name in 5 easy steps Step 1: Choose your new business name. Step 2: File the name change with your state. Step 3: Submit the IRS business name change form. Step 4: Update licenses, permits, and documents. Step 5: Update branding and inform customers.
In order to do business in the U.S., a foreign corporation must be registered at the federal level of a country or at the sub-federal (state or province) level of a country. The use of foreign corporation registration allows a corporation to operate in multiple jurisdictions as the same organization in all of them.
If you need to report a legal business name change or a trading-as name change, you'll need to mail us Form R-3 (Registration Information Change Request). See How to Report Changes to Your Business for more details.
Virginia and foreign business entities authorized to do business in Virginia can file a name change online. To do so, Virginia business entities can file Articles of Amendment – Name Change. Foreign business entities can file an Application for Amended Certificate of Authority or Amended Certificate of Registration.
A foreign corporation, limited liability company, business trust, limited partnership or limited liability partnership may not transact business in Virginia until it obtains a certificate of authority or certificate of registration from the State Corporation Commission.
If you're not a citizen, you must qualify as a resident alien to own a stake in an S Corp. Resident aliens are those who have moved to the United States and have residency but aren't citizens. Of the below, only permanent residents can own an S Corp.
S corporations are corporations that elect to pass corporate income, losses, deductions, and credits through to their shareholders for federal tax purposes.
Shareholder base refers to the total number of shareholders in a company. In other words, it is a base of owners (investors) of a company that holds a certain number of stock (shares) in the business distributed proportionally, depending on the amount of investment made.
