Did You Know These Differences Between Foreign Vs Domestic LLC

If you are reading this article, you probably already know that LLC stands for limited liability company, and that forming an LLC in NY is a smart move for small businesses. What you may not be aware of is how operating an LLC in more than one state may affect your company. In any state that recognizes LLC as a business entity, there are fundamentally two types of LLC, domestic and foreign. However, contrary to what you might think, a foreign LLC does not originate in a different country: it originates in another state.

Read More:  https://windsorcorporateservices.com/understanding-difference-foreign-vs-domestic-llc/