OREGON CORPORATION FOREIGN QUALIFICATION
What is Oregon Corporation Foreign Qualification?
explain
You want to do business in the state of Oregon but are registered as a Domestic Corporation in another state.
In order to legally conduct business in the state of Oregon you must register with the Oregon Secretary of State as
a
Foreign Corporation.
The process of registering as a Foreign Corporation in Oregon is called
Oregon Corporation Foreign Qualification.
The process of Oregon Corporation Foreign Qualification is similar to the process of forming a Domestic Corporation in Oregon.
Your original Domestic Corporation formation documents (usually called Articles of Incorporation) and By Laws apply to your Oregon Foreign Corporation.
The Officers and Directors of your Domestic Corporation have the same roles in the Oregon Foreign Corporation.
Specific requirements to qualify as a Foreign Corporation in Oregon are explained below.
Once you have made the decision to Qualify as a Foreign Corporation in Oregon,
an Oregon lawyer can file your documents and act as a middle man for a few hundred dollars an hour;
or you can use an online service provider like All Business Documents to perform these services.
Put the money you save with All Business Documents right where it belongs - into your new Oregon Foreign Corporation.
What is an Oregon Foreign Corporation?
explain
In the United States, just because you are registered to do business in one state does not mean that you can legally do business in another state.
If you want to transact any serious business in a state other than the state in which your Corporation is registered, most likely you will
have to register with the state in which you want to do business before you can legally conduct business there.
For example, a Corporation that is registered in California wants to do business in Oregon.
The California Corporation is a "Domestic" Corporation in California and will be a "Foreign" Corporation in Oregon.
The California Foreign Corporation needs to register with the Oregon Secretary of State as an Oregon Foreign Corporation.
The use of the term Foreign in this case refers specifically to individual US states.
The US government, including the IRS, considers a Foreign Corporation to be a Corporation that is registered outside
of the United States.
Do I need a lawyer to Form a Foreign Corporation in Oregon?
explain
The short answer is no.
The state of Oregon does not legally require a lawyer to form an
Oregon Foreign Corporation.
Our detailed
Foreign Corporation Information page may help you understand some
of the implications of forming an
Oregon Foreign Corporation.
However, if there is
anything about forming a Foreign Corporation in Oregon
that you're not sure about you should seek the advice of a competent Oregon lawyer, an Oregon accountant,
or both
before you form a Foreign Corporation in Oregon.
Once you have made the decision to form a Foreign Corporation in Oregon, an Oregon lawyer
can file your documents and act as a middle man for a few hundred dollars an hour; or you can use an online service provider like All Business Documents
to perform these services and
save money that you can use in your new Oregon Foreign Corporation.
Do I have to Reserve a Company Name before I Form a Foreign Corporation in OR?
explain
You are not legally required to reserve a Company Name for a new Oregon Foreign Corporation before you submit your application to Form a Foreign Corporation
in Oregon.
The Foreign Corporation name that you have registered in your home state may or may not be available in Oregon.
In that case you need a different name your Oregon Foreign Corporation.
Whether or not you need to reserve a company name for your new Oregon Foreign Corporation depends entirely on your business situation.
The Oregon Secretary of State uses names on a first come first served basis.
So if you think that someone may snatch the Company Name that you have in mind, you may want to reserve that Oregon Foreign Corporation Name.
What if the Oregon Foreign Corporation Name I want is already taken?
explain
If the Name you have chosen for your new Oregon Foreign Corporation is already in use by a currently active
Oregon Foreign Corporation or LLC then you will have to register a DBA Name with the Oregon Secretary of State. "DBA" is an abbreviation for "Doing Business As."
In Oregon a DBA Name is called a Assumed Business Name.
We verify that the Name you have chose for your new Oregon Foreign Corporation is available before we submit
your Foreign Corporation filing to the Oregon Secretary of State.
If necessary we can register a Assumed Business Name in Oregon for you so that you can open your new Oregon business as quickly as possible.
What do I have to do to Form a Foreign Corporation in Oregon?
explain
- Prove that you are registered in a state other than Oregon as a Domestic Corporation
In order to register as a Foreign Corporation in the state of Oregon, you must first prove that you are registered in another state as a
Domestic Corporation.
- Choose a name for your Oregon Foreign Corporation
You can use the same name in Oregon that you use in your home state, however, if the name of your Domestic Corporation is not available you need to choose another name.
Your Oregon Foreign Corporation name can identify the type of products and services your business will provide;
or it may be the name of the founder; or it can be a combination of the two or something else.
In any case, the Oregon Foreign Corporation name that you choose must be distinguishable from the name of any other registered Oregon Corporation or other
business entity and the name must also be different from any reserved names on record with the state of Oregon.
Your Oregon Foreign Corporation name must not imply that it was formed for a purpose other than that stated in the
Your Oregon Foreign Corporation name must not be a name that is likely to mislead the public.
The name of an Oregon Foreign Corporation must include the word "Foreign Corporation" or
"Incorporated" or an abbreviation of one of these words.
It's important to choose a good name for your Oregon Foreign Corporation because if you want to change it after you qualify you
will have to file amended documents with the Oregon Secretary of State (and pay a fee).
We will check to make sure that your requested Oregon Foreign Corporation name is available and conforms to all state of Oregon
Foreign Corporation naming regulations.
- Select an official address and a Registered Agent for your Oregon Foreign Corporation
Every Oregon Foreign Corporation must have an address that is physically located in the state of Oregon.
This address is "registered" with the Oregon Secretary of State.
The Registered Address cannot be a PO Box and is where official and legal correspondence can be delivered.
The individual or company that is registered with the state of Oregon to receive all correspondence on behalf of the Oregon
Foreign Corporation is called a "Registered Agent".
You may act as your own Registered Agent, however, many Oregon Foreign Corporations hire a Registered Agent because they don't have a physical
address within the state of Oregon or to provide a distinct level of privacy.
We provide Registered Agent services in Oregon as well as all other states and the District of Columbia.
- File Registration Documents with the Oregon Secretary of State
In order to Qualify as a Foreign Corporation in Oregon you must file Registration Documents with the Oregon Secretary of State.
In Oregon the registration documents are named "Application for Authority to Transact Business".
The registration documents must include certain specific information about your Oregon business.
If the Registration Documents do not conform exactly to state of Oregon requirements they will be rejected. 
If you need to change any of the information on your registration documents after your Oregon Foreign Corporation has been approved,
you may amend the registration documents for your Oregon Foreign Corporation but you will have to pay a fee to
the state of Oregon in order to make the changes official.
- Determine how you want your Oregon Foreign Corporation to be taxed
The Oregon Corporate Income Tax Rate is %.
You may choose that your Oregon Foreign Corporation to be taxed as a C Corporation or S Corporation.
A C Corporation is what you may think of as a traditional Corporation like General Electric or Ford.
C Corporations pay a Corporate income tax to the state if that state taxes Foreign Corporations.
You may choose to have your Oregon Foreign Corporation taxed as a S Corporation.
S Corporations "pass through" all corporate profits to the shareholders (owners) who then pay tax at their applicable personal rate.
S Corporations do not pay any Oregon Corporate Income Tax.
Oregon Corporations are subject to either the Oregon Corporate Excise Tax or the Oregon Corporate Income Tax.
Oregon Corporations doing business in Oregon must pay the Oregon Corporate Excise Tax.
Oregon Corporations not doing business in Oregon but having income from an Oregon source must pay the Oregon Corporate Income Tax.
Although most Oregon Corporations are subject to the Oregon Corporate Excise Tax, the two types of taxes will often be referred together as "Oregon Corporate Income Tax".
If you choose to be taxed as an S Corporation, we can prepare the S Corporation election form for your Oregon Foreign Corporation and include it with
your final Foreign Corporation documents package.
What do I have to do after I Form a Foreign Corporation in Oregon?
explain
- Obtain Business Licenses from the cities and counties in which you plan to do business
- File the required reports for your Oregon Foreign Corporation
- Keep proper records of your Oregon Foreign Corporation on file
- Pay your taxes to the state of Oregon
- Obtain Business Licenses from the cities and counties in which you plan to do business
Note that forming an Oregon Foreign Corporation does not take the place of obtaining a local business license, tax
registration certificate, or other required business permits.
An Oregon Foreign Corporation merely creates an ownership structure that limits the owners' personal liability.
You may still need to take care of getting set up to do business with your local government.
Depending on the nature of the business and the location of your Oregon Foreign Corporation within Oregon you may need to get one or more local
business licenses or permits.
The business licenses or permits that are required for your Oregon Foreign Corporation vary depending on your business activities
and the specific locations within the state of Oregon in which you want to conduct business.
If your Oregon Foreign Corporation will be selling products in Oregon you may be required to obtain a Reseller's Permit from the appropriate
Oregon state agency.
If your Oregon Foreign Corporation will be selling products in Oregon you will also be responsible for all applicable local and state of Oregon
sales taxes if there are any.
We have the expertise to find out exactly which state and local permits that you need for your specific business.
- File the required reports for your Oregon Foreign Corporation
The Oregon Corporation Annual Report includes basic information about your Oregon Foreign Corporation including information on your Officers and Directors.
Failure to submit a properly completed Oregon to the Oregon Secretary of State on or before the
due date may subject the Oregon Foreign Corporation to being administratively dissolved in the state of Oregon or having its authority to
transact business in the state of Oregon revoked by the Oregon Secretary of State.
Penalties may accrue if you fail to file any Oregon Foreign Corporation to the Oregon Secretary of State by the due date.
- Keep proper records of your Oregon Foreign Corporation on file
Keep the following records on file and available at the principal business office of your Oregon Foreign Corporation:
- Names and addresses of all Directors and Officers of the Oregon Foreign Corporation
- Foreign Corporation formation documents and any Amendments to them
- Corporate Bylaws and any Amendments to them
- List of current shareholders of the Foreign Oregon Foreign Corporation.
If shareholders change, keep a record of old shareholders and how stock was transferred.
- Minutes of all Meetings of Shareholders and Directors
- Copies of any Corporate Resolutions which have been adopted by the Oregon Foreign Corporation
- Copies of all tax returns and Annual Reports for the Oregon Foreign Corporation for the last 3 years
- Pay your taxes to the state of Oregon
Foreign Corporations that either do business in the state of Oregon or that derive income from sources within the state of Oregon are subject
to Oregon and federal tax laws.
If you are engaged in intrastate business and derive income from other states besides Oregon, you must allocate the amount of income derived
from the state of Oregon in order to determine your Oregon state taxes.
What information do I need in order to Form a Foreign Corporation in Oregon?
explain
In order to Incorporate in Oregon you'll need the following information about your new Company:
- The name of your new Oregon Foreign Corporation along with your second choice of a name in case the name that you want is not available
- Physical address of the Foreign Corporation office in Oregon (not a PO Box)
- A description of the nature of the business you are planning to operate with the Oregon Foreign Corporation
- When the Oregon Foreign Corporation will start and when it will cease to exist (normally the Foreign Corporation starts on the date the application is filed and will exist perpetually)
- Names and addresses of the initial Directors of the Oregon Foreign Corporation
- Names and addresses of each Officer of the Oregon Foreign Corporation
Remember -
ALL the information that you provide when you Form a Foreign Corporation in Oregon becomes part of the public record.
Our data entry forms include the
absolute minimum amount of information that is required in order to Form a new Foreign Corporation in Oregon.
How long does it take to Form a Foreign Corporation in Oregon?
explain
Processing times for new Oregon Foreign Corporation applications vary depending on the work load of the
Secretary of State's staff.
We've found that normal processing of new Oregon Foreign Corporation applications takes the state around 2-3 business days.
Add 2-3 days for the time period for shipping the final documents by mail.
Choosing our Express Mail option can shave a couple of days off the total processing time for your new Oregon Foreign Corporation.
PLEASE NOTE: WE CANNOT GUARANTEE OREGON SECRETARY OF STATE PROCESSING TIMES.
The Oregon Secretary of State reserves the right to extend expedite periods in time of extreme volume, staff shortage or
equipment malfunction.
We are dependent on, and have no control over, the staff and systems of the Oregon Secretary of State.
In our experience 2-3 business days is the time it
usually takes the Oregon Secretary of State to process
a new Oregon Foreign Corporation application.
We get your Oregon Foreign Corporation application to the OR Secretary of State ASAP.
Once it is at the state we have no control over the new Oregon Foreign Corporation application process.
How much does it cost to Form a Foreign Corporation in Oregon?
explain
The state of Oregon charges $290.00 to Form a Foreign Corporation in OR.
If you choose us to help you Form your Foreign Corporation in Oregon our processing fees are $145.00.
This includes:
- Same day processing of your new Oregon Foreign Corporation order
- OR Name Check and Reservation
- Prepare Application for Authority to Transact Business
- File Formation Documents with the Oregon Secretary of State
- Certified Copies of Formation Documents
- Oregon Foreign Corporation Checklist
- Priority Mail Delivery
- Unlimited Customer Support
OREGON FOREIGN CORPORATION COST ESTIMATOR
Our Oregon
Foreign Corporation Services include:
(These services are included in our processing fees)
Optional Oregon
Foreign Corporation Services
(Choose options, cost is updated automatically)
- Express Mail - $35
explain
If you really need your original approved Application for Authority to Transact Business in your hands quickly, the
Express Mail option can cut the delivery time in half.
The Express Mail option has no effect on the Oregon Secretary of State's processing time.
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S Corporation Election - $50
explain
S Corporations are taxed differently than C Corporations.
With an S Corporation, business profits may be "passed through" directly to the shareholders.
This avoids the double tax on both corporate and shareholder profits.
S Corporations do not pay any Oregon Corporate Income Tax.
We can prepare the S Corporation Election form for you and include it with your final Foreign Corporation documents pakage.
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OR Registered Agent - $135
explain
Every Oregon Foreign Corporation is required to have an address within the state of Oregon where
official and legal correspondence can be delivered.
The individual or company that is registered with the state of Oregon to receive all correspondence
on behalf of the Foreign Corporation is called a Registered Agent.
You may act as your own Registered Agent, however, many Foreign Corporations hire a Registered Agent because they don't have a physical address within
Oregon or to provide a distinct level of privacy.
We can act as your Oregon Foreign Corporation Registered Agent.
This is an annual service.
We will forward all correspondence to you and will remind you when it is time to renew your OR Registered Agent services.
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OR Good Standing Certificate - $50
explain
An Oregon Good Standing Certficate is proof of the existence of your new Oregon Foreign Corporation.
The Certificate is issued by the Oregon Secretary of State and is proof that your OR Foreign Corporation is not behind on any
of its Oregon Secretary of State Corporate obligations.
An Oregon Good Standing Certificate is often required for loans, to apply for business licenses, or for tax or other business purposes
in the state of Oregon or in any other state.
We can get your Oregon Good Standing Certificate immediately after the Oregon Secretary of State has approved your Foreign Corporation filing.
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Federal EIN - $65
explain
An FEIN is like a Social Security Number for your Oregon Foreign Corporation.
We can get your FEIN on the same day that your Application for Authority to Transact Business are approved by the Oregon Secretary of State.
You can get your FEIN before your articles are approved by the Oregon Secretary of State but it's a good idea to wait until
after approval.
Your filing may be rejected or the Foreign Corporation name that you want may not be approved.
Changing information on an FEIN filing is not a trivial exercise with the IRS.
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Foreign Corporation Kit and Seal - $99
explain
While you're not required to have a Foreign Corporation Kit and Seal for your new Oregon Foreign Corporation they do come in handy.
The OR Foreign Corporation Kit consists of a beautiful customized binder, stock certificates, a stock ledger
and your custom Foreign Corporation Seal.
The Foreign Corporation Seal is used to emboss important company documents, such as stock certificates.
The binder also includes dividers so you can use it for all of your Oregon Foreign Corporation record keeping.
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Business License Research - $175
explain
Most new Oregon Foreign Corporations are required to get some kind of state, regional or local permits or business licenses.
The task to figure out exactly what you need can be daunting.
We can determine exactly which forms you need to fill out, fill them out for you and file the forms with the appropriate government agency
where possible.