Foreign Corporation in Delaware Q&A
Q: |
What is the definition of “foreign corporation” in Delaware? | ||||||||||
A: |
According to the Section 371 of the General Corporation Law of the State of Delaware, the words "foreign corporation" mean a corporation organized under the laws of any jurisdiction other than State of Delaware. |
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Q: |
How to registerer a foreign corporation in Delaware? | ||||||||||
A: |
Delaware law requires every corporation that is doing business in this state but is formed in another state or jurisdiction to submit a completed “Foreign Qualification” form with the Division of Corporations along with a Certificate of Existence issued by that state or jurisdiction. The Certificate of Existence as of a date not earlier than 6 months prior to the filing date, should be issued by an authorized officer of the jurisdiction of its incorporation evidencing its corporate existence. If such certificate is in a foreign language, a translation thereof, under oath of the translator, shall be attached thereto. A Foreign Qualification executed by an authorized officer should list the name of the foreign corporation, the jurisdiction of incorporation for the foreign corporation, the specific purpose of the foreign corporation, the complete name and street address of the registered agent located in Delaware you are appointing to accept service of process for the foreign corporation, the assets and liabilities of the foreign corporation within 6 months prior to the filing of this certificate. |
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Q: |
Do I need to notify the Delaware Secretary of State if the business name changes in the jurisdiction of incorporation? | ||||||||||
A: |
Yes. Every foreign corporation admitted to do business in State of Delaware which shall change its corporate name, or enlarge, limit or otherwise change the business which it proposes to do in this State, shall, within 30 days after the time said change becomes effective, file with the Secretary of State a certificate, which shall set forth:
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Q: |
Do I need to file the annual report for my Delaware foreign corporation? | ||||||||||
A: |
Upon the failure, neglect or refusal of any foreign corporation to file an annual report, the Secretary of State may, in the Secretary of State’s discretion, investigate the reasons therefor and shall terminate the right of the foreign corporation to do business within this State upon failure of the corporation to file an annual report within any 2-year period. |