What is needed to fulfill the compliance requirements in my home state to make my business operations legal and valid in my respective jurisdiction?
Typically, each state’s compliance issues differ. However, all 50 states will require the qualification of any “foreign business entity”. (The word “foreign” means formed or incorporated in another state, outside the state of actual business operations.) Although the fees and requirements may vary from state to state; the typical requirements are to fulfill the registration process with that respective Secretary of State’s office and submit a fee and proper documentation of the original filing. This process should be fulfilled prior to business operations. Some states will require the “Certificate of Authority” in order to open a bank account or to obtain other licenses.
