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Oct. 31, 2014

When foreign corporations 'transact intrastate business'

Under California law, a "foreign corporation" is prohibited from "transacting intrastate business" in California until it has obtained a certificate of qualification. By Jeffrey M. Pomerance and Jason D. Balitzer

Jeffrey M. Pomerance

Senior Counsel
SulmeyerKupetz

Phone: (213) 617-5244

Email: jpomerance@sulmeyerlaw.com

Jeffrey heads the Corporate and Transactional Practice of SulmeyerKupetz PC, a boutique financial restructuring, business and litigation firm in California.

See more...

Under California law, a corporation incorporated in another jurisdiction (a "foreign corporation") is prohibited from "transacting intrastate business" in the state of California until it has obtained from the California secretary of state a certificate of qualification. This requirement also applies to a limited liability company organized in a jurisdiction other than California.

Given the global economy and the Internet, among other things, it is possible that a Wisconsin corporat...

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