The Pennsylvania Statement of Domestication is a document used by businesses that are incorporated in another state but wish to operate as a Pennsylvania corporation. It is filed with the Pennsylvania Department of State, and it serves as official notification to the state that the company has “domesticated” or reincorporated in Pennsylvania. The statement includes information such as the name of the company, the date of domestication, the name and address of the registered agent in Pennsylvania, and the address of the entity’s principal office. There are two types of Pennsylvania Statement of Domestication: Foreign Qualification and Foreign Registration. A Foreign Qualification is used by businesses that are registered in another state but wish to do business in Pennsylvania. It requires an additional filing fee, and it must be accompanied by the entity’s original articles of incorporation and the state’s certificate of good standing. A Foreign Registration is used by businesses that are already qualified to do business in another state but wish to reincorporate in Pennsylvania. It does not require an additional filing fee, but it must be accompanied by the entity’s original articles of incorporation and the state’s certificate of good standing.
Pennsylvania Statement of Domestication
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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.
The document required to form an LLC in Pennsylvania is called the Articles of Organization. The information required in the formation document varies by state. Pennsylvania's requirements include: Registered agent.
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.
?Jurisdiction of formation? means the jurisdiction, other than Pennsylvania, whose law includes the governing statute of the registering association.
A Statement of Division must be filed with the Pennsylvania Department of State where a domestic entity divides into: (1) The dividing association and one or more new associations that are either domestic entities or foreign associations.
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.
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.