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Company Domestication in Florida Step 1: Filing Certificate of Domestication and Articles of Incorporation (Organization) with Florida Department of State, Division of Corporations. Step 2: Filing dissolution in the home state (or having the entity ?domesticated out?, depending on the state).
Florida allows foreign entities, such as Texas corporations, to become Florida entities by undergoing either a conversion or a domestication, depending on the business's structure. Our state statutes use the term ?conversion? for incoming limited liability companies and ?domestication? for incoming corporations.
Florida businesses are not legally required to obtain a certificate of status. However, your business may choose to get one if you decide to do business outside of Florida or get a business bank account.
This certificate is typically issued by the Secretary of State for a small fee. When you receive this, you must include it with your submission within 90 days of its issuing, otherwise your application to receive a certificate of authority will be denied.
Any business registered in Florida, whether for-profit or nonprofit, foreign or domestic, will receive a certificate of good standing regardless of its level of compliance with the Department of State.
To domesticate your LLC, the state business entity registration agency in your new state will need an articles of domestication. Within this document will be a plan of domestication, where you typically will: note the new LLC jurisdiction. outline any changes to your business's articles of organization.
In Florida, a Certificate of Good Standing is a state-issued document provided by the Secretary of State that proves your business exists and has maintained compliance with all state requirements, such as filing annual reports and paying franchise taxes.
A Certificate of Authority shows that you are authorized to do business in a state other than your original formation state. A Certificate of Authority is a requirement in most states. It's important to note that the name of the document can vary from state to state.