• US Legal Forms

Corporation Personal Held Foreign In Chicago

State:
Multi-State
City:
Chicago
Control #:
US-0005-CR
Format:
Word; 
Rich Text
Instant download

Description

Form with which the board of directors of a corporation accepts the resignation of a corporate officer.


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FAQ

Foreign BCA: A corporation organized in another state that is requesting the authority to transact business in Illinois by filing the BCA 13.15 form is considered a foreign corporation in the State of Illinois. This does not refer to a company from another country.

Transact Business in Illinois A Foreign Limited Liability Company must complete LLC 45.5, Application for Admission to Transact Business. Forms must be submitted in duplicate and accompanied by a certificate of good standing from the state where the company is organized.

Generally, there are no restrictions on foreign ownership of a company formed in the United States. The procedure for a foreign citizen to form a company in the US is the same as for a US resident. It is not necessary to be a US citizen or to have a green card to own a corporation or LLC.

A foreign corporation must complete BCA 13.15, Application for Authority to Transact Business in Illinois. A Foreign Not-for-Profit Corporation must file an NFP 113.15, Application for Authority to Conduct Affairs in Illinois.

A foreign corporation is a corporation which is incorporated or registered under the laws of one state or foreign country and does business in another.

A foreign corporation is a corporation organized under the laws of a state or coun- try other than Illinois. For a foreign corporation to transact business in Illinois, it must qualify by procuring an Authority to Transact Business in Illinois from the Secretary of State's Department of Business Services.

More info

CORPORATE NAME: The true corporate name of a foreign corporation must be distinguishable on the records of the Secretary of State from the corporate name. A foreign corporation must complete BCA 13.15, Application for Authority to Transact Business in Illinois.A foreign-owned US DE must file Form 5472 for each year during which the foreign-owned US DE has reportable transactions with any related party. Certain U.S. citizens and U.S. residents who are officers, directors, or shareholders in certain foreign corporations must file form 5471.

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Corporation Personal Held Foreign In Chicago