This document may be used to register an offer and sale of franchises or to register a renewal statement or annual report. The document also contains a certification statement.
Delaware Illinois Franchise Broker Registration Application
Category:
State:
Multi-State
Control #:
US-4-16-1-STP
Format:
Word;
Rich Text
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How to fill out Illinois Franchise Broker Registration Application?
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FAQ
Yes, you are allowed to operate a Delaware LLC for any legal business in every state in the USA. Under the US Constitution, your Delaware LLC is viewed as a legal ?person? and other states cannot discriminate against this ?person? based on where he/she/it was born or incorporated.
No. Delaware's corporate law structure does not impose restrictions on ownership or management of a Delaware company by a non-resident of the United States.
Any foreign LLC that wants to do business in Illinois will need to file an Application for Admission to Transact Business with Illinois's Secretary of State (SOS), Department of Business Services, Limited Liability Division.
A $500 fee When registration is required, franchisors must pay a $500 fee and submit the FDD with a franchise registration application form, sales agent disclosure forms, an auditor's consent, a service of process form, and certain other required documents to the Illinois Franchise Bureau (500 S. Illinois Franchise Law and Registration Franchise.Law ? illinois-state-laws Franchise.Law ? illinois-state-laws
If your Delaware LLC will operate or have a physical presence in Illinois, you will need to register as a foreign entity in the state. Here's how the process works. Illinois will require an Application for Admission to Transact Business form, a Certificate of Good Standing from Delaware and a filing fee. Doing Business in Illinois with a Delaware LLC Harvard Business Services ? blog ? doing-business-... Harvard Business Services ? blog ? doing-business-...
These legal documents, along with the operating manuals, staffing, training programs, and marketing initiatives, are your main investments in the franchise system. The two primary documents you'll create are the Franchise Agreement and the Franchise Disclosure Document (FDD). Business Franchising: Requirements and Paperwork | The Hartford thehartford.com ? grow-through-franchising thehartford.com ? grow-through-franchising
Generally, if you want the strongest protection, you should form your LLC in Delaware. The Delaware LLC is easy to maintain and allows for members to choose how the LLC is taxed. Delaware's reputation of protecting business owners from creditors is widely known by businesses of all sizes.
Delaware does not have any franchise registration laws and is considered a non-registration state. Delaware Franchise Law and FDD Registration franchiselawsolutions.com ? franchising ? d... franchiselawsolutions.com ? franchising ? d...
