Colorado Foreign LLC – Qualification and Registration


Steve Goldstein
Steve Goldstein
Business Formation Expert
Steve Goldstein runs LLCBuddy, helping entrepreneurs set up their LLCs easily. He offers clear guides, articles, and FAQs to simplify the process. His team keeps everything accurate and current, focusing on state rules, registered agents, and compliance. Steve’s passion for helping businesses grow makes LLCBuddy a go-to resource for starting and managing an LLC.

All Posts by Steve Goldstein →
Business Formation Expert  |   Fact Checked by Editorial Staff
Last updated: 
LLCBuddy™ offers informative content for educational purposes only, not as a substitute for professional legal or tax advice. We may earn commissions if you use the services we recommend on this site.
At LLCBuddy, we don't just offer information; we provide a curated experience backed by extensive research and expertise. Led by Steve Goldstein, a seasoned expert in the LLC formation sector, our platform is built on years of hands-on experience and a deep understanding of the nuances involved in establishing and running an LLC. We've navigated the intricacies of the industry, sifted through the complexities, and packaged our knowledge into a comprehensive, user-friendly guide. Our commitment is to empower you with reliable, up-to-date, and actionable insights, ensuring you make informed decisions. With LLCBuddy, you're not just getting a tutorial; you're gaining a trustworthy partner for your entrepreneurial journey.
colorado_state_seal

If you already have an LLC in another state and want a Colorado LLC, then how to start 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 Colorado.

Forming an Colorado 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 Colorado, you need to register it with the Colorado Secretary of State.

Step 1: Choose Colorado Foreign LLC Name

Obtain a name reservation certificate and submit it with your foreign qualification requirements at the Colorado Secretary of State. Your LLC’s legal name outside of Colorado will be listed on the application, along with the name it will use in Colorado. Take note of the requirements for naming your LLC.

Check name availability at Colorado’s business entity names and reserve your LLC name.

Step 2: Select Colorado Foreign LLC Registered Agent

You’ll need a registered agent to form a foreign LLC in Colorado and take note that a Colorado registered agent must have a local address. Here are three of the best LLC services on our list:

LLC Service

Our Rating & Pricing

Top Features

Learn More

#1 TOP PICK

$0 + State Fees

  • 100% accuracy guarantee

  • Worry-free service

  • Great customer support

$0 + State Fees

  • Established reputation

  • Extras are bit more expensive

  • Good customer support

Step 3: File Registration of Colorado Foreign LLC

Fill out and submit a Statement of Foreign Entity Authority via email to [email protected] or by mail to Colorado Department of State, 1700 Broadway Suite 550 Denver, CO 80290.

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 Colorado
  • Date when your LLC will start operations in Colorado.
  • Credit card information on the last page of the form for the $100 application fee.

The LLC cost in Colorado, even for foreign LLCs will differ between online filing and by mail. Also, read about what’s the major points in the discussion on domestic vs international (foreign) LLCs in Colorado.

Step 4: Determine How Your Colorado Foreign LLC is taxed

Foreign LLCs are also subjected to the Colorado 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.

Steps to Filing Colorado Foreign LLC Online

Time needed: 5 minutes

When you start a foreign LLC registered in Colorado, you need to pay $100 as filing fees. For the online filing process, one has to follow the online filing guidelines. Here’s what you need to do.

  1. Go to the Official Website

    To start the process, visit the Colorado Secretary of State portal. Select the ‘File a Business Document’ from the list given and go to the business document page.
    Colorado Foreign LLC step 1

  2. Create a New Record

    To start registering your Colorado foreign LLC, click on the ‘File a form to create a NEW record’ option on your screen.
    Colorado Foreign LLC step 2

  3. File a Form

    In this section, you will get a list of business types to form. Select “foreign entity” as you are intended to register an out-of-state entity in Colorado.
    Colorado Foreign LLC step 3

  4. True Name Availability Search

    In this section, you need to enter the exact same name of your LLC. In the case of a foreign LLC in Colorado, you have to mention the exact same name of your LLC that is already formed in other states.
    Colorado Foreign LLC step 4

  5. Optional Assumed Entity Name

    If you wish to give your foreign LLC in Colorado a new name, then you can select this option. On the other hand, if you want to stick to the exact name of your LLC then select the option “no” and move on to the next section.
    Colorado Foreign LLC step 5

  6. Statement of Foreign Entity Authority

    This is the main section of the registration process. You will get the form/statement to fill. Enter all the relevant information related to your LLC and click on the “Submit” button. The following sections are to be filled out:

    > Form details
    > Principal Address
    > Registered Agent information
    > Additional Information
    > Delayed Date
    > Email Address
    > Details of the individual who is filing the document

    After entering all the information, hit the “Submit” button to go to the payment page
    Colorado Foreign LLC step 6

  7. Payment

    Finally, make the payment of $100 to complete the online registration process for the Foreign LLC in Colorado.

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 Colorado.

After Forming Colorado Foreign LLC

Here are added things you need to accomplish after forming your Colorado Foreign LLC

  1. Obtain Business Licenses. Find the business licenses you’ll need using the Business License Search.
  2. File LLC annual reports and Business Privilege Tax.
  3. Pay State Taxes like sales tax; you’ll need an EIN for your LLC.

F.A.Qs

What is a foreign LLC in Colorado?

If your LLC is formed under the laws of another state, it is referred to as a foreign LLC in Colorado.

Do I need a foreign LLC?

Businesses incorporated outside of the state where they operate must have “foreign qualifications” issued in the other states.

What is the main difference between domestic and foreign LLC?

A domestic LLC is a company registered in Colorado as an LLC. The entity type that has a physical presence in another state is a foreign LLC.

How Much Does It Cost to Register a Foreign LLC in Colorado

To register as a foreign LLC in Colorado, you can file it online by paying $100 to the Colorado Secretary of State

Many individuals may be aware of the benefits of a foreign LLC registration in Colorado, such as limited liability protection and potential tax advantages. However, one key consideration that often comes up is the cost associated with the registration process. Understanding the financial implications of this endeavor is essential for prospective business owners seeking to set up shop in the Centennial State.

The truth is that the cost of registering a foreign LLC in Colorado can vary depending on a number of factors. From filing fees to registered agent services, there are many expenses to consider when embarking on this journey. It is important for businesses to thoroughly research and budget for these costs to avoid any surprises along the way.

Filing fees are typically the first cost that comes to mind when registering a foreign LLC in Colorado. The fees can fluctuate based on the type of entity and the services required, ranging anywhere from a few hundred to a few thousand dollars. This initial investment is crucial for ensuring that your business is in good standing with the state and operating legally.

Additionally, businesses must also appoint a registered agent to accept legal documents on their behalf. This service comes at a cost and is essential for maintaining compliance with state laws. While some companies choose to act as their own registered agent, many opt to hire a third-party service for added convenience and peace of mind.

Other expenses to consider include annual report fees, which are required to keep your foreign LLC in good standing with the state. Failure to file these reports in a timely manner can result in penalties and potential business disruptions. It is important for businesses to factor in these recurring costs when planning their budget for the coming year.

Despite these expenses, the benefits of registering a foreign LLC in Colorado often outweigh the financial investment. The state’s business-friendly environment and strategic location make it an attractive destination for entrepreneurs looking to grow their operations. By understanding the costs associated with this process, businesses can make informed decisions and set themselves up for success in the long run.

In conclusion, the cost of registering a foreign LLC in Colorado may seem daunting at first, but the potential benefits far outweigh the financial investment. By carefully considering the expenses involved and budgeting accordingly, businesses can position themselves for growth and success in the Centennial State. So, if you’re considering expanding your operations to Colorado, don’t let the cost hold you back – the opportunities that await may be well worth it.

In Conclusion

Starting a foreign LLC in Colorado 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.

Leave a Comment