If you already have an LLC in another state and want an LLC in Wisconsin, then starting an LLC would be somewhat different. You must register as a foreign LLC. We have here a guide on how you can qualify and register for a foreign LLC in Wisconsin.
On this page, you’ll learn about the following:
- Forming a Wisconsin Foreign LLC
- After Forming Wisconsin Foreign LLC
- Steps to Filing Wisconsin Foreign LLC Online
Forming a Wisconsin Foreign LLC
A foreign LLC does not need to be a company from another country but a business formed under the laws of another state. To start a foreign LLC in Wisconsin, you need to register it with the Wisconsin Department of Revenue.
Step 1: Choose Wisconsin Foreign LLC Name
Obtain a name reservation certificate and submit it with your foreign qualification requirements at the Wisconsin Department of Revenue Your LLC’s legal name outside of Wisconsin will be listed on the application, along with the name it will use in Wisconsin. Take note of the requirements for naming your LLC.
Step 2: Select Wisconsin Foreign LLC Registered Agent
You’ll need a registered agent to form a foreign LLC in Wisconsin and take note that a Wisconsin registered agent must have a local address. Here are three of the best LLC services on our list that will provide you with registered agents to ease your worries:
Step 3: File Registration of Wisconsin Foreign LLC
Fill out and submit a Foreign LLC Application for Registration form online.
Include the following:
- LLC’s full legal name.
- A fictitious name or a DBA (only if your LLC’s legal name is not available); Attach a statement of adoption of the fictitious name signed by all LLC members.
- LLC’s principal office and mailing addresses.
- LLC formation state and date.
- Registered agent’s name and address in Wisconsin.
- Date when your LLC will start operations in Wisconsin.
- Credit card information on the last page of the form for the $150 application fee.
The LLC cost in Wisconsin, even for foreign LLCs will differ between online filing and by mail.
Step 4: Determine How Your Wisconsin Foreign LLC is taxed
Foreign LLCs are also subjected to the Wisconsin Business Privilege Tax, and they must file LLC annual reports each year.
Note that forming a foreign LLC would be good for your business as you can legally operate in a different state thus reaching a larger market and opening more opportunities for higher profit.
After Forming Wisconsin Foreign LLC
Here are added things you need to accomplish after forming your Wisconsin Foreign LLC
- Obtain Business Licenses. Find the business licenses you’ll need using the Business License Search.
- File LLC annual reports and Business Privilege Tax.
- Pay State Taxes like sales tax; you’ll need an EIN for your LLC.
It is convenient plus easy to file for the foreign LLC if you are doing it online. The steps are very easy and that’s why it’s possible to go along with the steps and form the foreign LLC in Wisconsin.
Steps to Filing Wisconsin Foreign LLC Online
Time needed: 5 minutes.
When you are registering for the Foreign LLC in the State of Wisconsin, you will have to submit your Application for Registration of Foreign LLC with the Secretary of State which costs $100. After approval, you will receive a Verified Certificate from the State office. We have explained the aspects you need to cover when you apply for Wisconsin Foreign LLC.
- Go to the Official State of Wisconsin Website
Visit the New Business portal on the Official Wisconsin Department of Revenue website. The platform provides an easy solution to file business documents online.
- Online Registration
Scroll down to the ‘Online Registration’ section. For business entity types including non-Wisconsin LLC, you need to register with the Department of Revenue. Click on the Department of Revenue link available as the first option.
- Proceed with Registration
On the first page, the Tax Registration option is displayed. Select the option of ‘Yes, this is a first-time registration’ and click on “Next”.
- Business Type
On the next page, select your business type from the drop-down menu. Select the option of ‘Limited Liability Company’ and confirm your business type. Next, fill in the details of your business LLC, such as ID Type, legal name, date of incorporation, and state of incorporation. Click on the ‘Next’ tab.
- Continue with the Application filing
Proceed to fill in the required details on every page and press the proceed button.
- Review and Proceed to Payment
Once you are done with the steps mentioned on the website and proceed, you will get to the review page. You can check the information you have filled in properly, and then proceed to the payment page.
Once you are done, you will receive a notification confirming your application for Wisconsin Foreign LLC filed with the Secretary of State office.
How Much Does It Cost to Register a Foreign LLC in Wisconsin
How much does it cost to register a foreign LLC in Wisconsin? Most states require you to file a Certificate of Existence from your state before you can register. Wisconsin is one of the few exceptions. Once you have filed, you must submit an annual report. This report must be filed online and must be filed by the end of the fourth calendar quarter following the anniversary month of your LLC formation. You will be sent instructions to file the report online. You will also have to pay a filing fee of either $25 or $80.
Before filing, you should find out if the name you wish to use is available. You can do this by filling out a name reservation application with the Wisconsin Department of Financial Institutions. The fee for submitting this application is $15. Once your name is reserved, you can file your Articles of Organization to establish the business. You can also reserve the name 120 days before the filing deadline.
If your foreign company is based in another state, you will have to register with the state where you formed your business. Foreign LLC registration costs vary, so it is important to do your research. There are fees for forming an LLC in every state. The average fee for registering a foreign LLC is $186. The cheapest fees are in Hawaii, Michigan, and Missouri. Massachusetts, on the other hand, has the highest fee at $500. Next comes Texas, and South Dakota.
If your LLC is formed under the laws of another state, it is referred to as a foreign LLC in Wisconsin.
Businesses incorporated outside of the state where they operate must have “foreign qualifications” issued in the other states.
A domestic LLC is a company registered in Wisconsin as an LLC. The entity type that has a physical presence in another state is a foreign LLC.
Starting a foreign LLC in Wisconsin does not require a lot of documentation or tasks. However, it is always good to seek help from a professional when it comes to running your business. Get a professional registered agent and form your foreign LLC anywhere without a hassle.