If you have an LLC in Indiana and want to expand your business beyond Indiana, you must form a foreign LLC. Any business, especially a limited liability company, located in other states, starts its operation in Indiana, must file a foreign LLC in Indiana. To do so, every LLC needs to file additional filing documents, along with tax and relevant documents with the Indiana government.
In this article, you’ll be reading about how to start a foreign LLC in Indiana. Along with that, the page guides you through the steps involved in managing and maintaining a foreign LLC in Indiana after you form it.
Forming a Foreign LLC in Indiana
A foreign LLC does not need to be a company from another country but a business formed under the laws of another state. If you register your LLC in one state and operate your business in Indiana, you probably need to register your LLC as a foreign entity here. Imagine, if your family owns a sushi restaurant in Alabama and you want to expand the chain somewhere in Texas, you must establish your restaurant in Texas as a foreign entity.
Anyone who has an active and in good standing LLC anywhere (except for Indiana) and wants to expand their operations in Indiana can file their LLC as a foreign entity. To start a foreign LLC in Indiana, you need to register it with the Indiana Secretary of State. Every state has a different rule for establishing a foreign LLC. Here are the steps to follow in Indiana for registering a foreign LLC.
Note: These are generic steps to file a foreign LLC in Indiana. Make sure to check with the State Secretary of State, before you start filing your business. – LLCBuddy Team
Step 1: Get the Certificate of Existence From Home State
Before you proceed to register your LLC in Indiana as a foreign entity, you must get the Certificate of Existence issued from your home state SOS. This is an important document to register an LLC in a foreign state.
If your LLC is originally registered in Indiana, then you must obtain the Certificate of Existence from Indiana Secretary of State. If your LLC is in other states, the name of the same document might be different. Every LLC, registered in any state other than Indiana must get this document to register a foreign LLC in Indiana.
Filing Certificate of Existence: In Indiana, obtaining a Certificate of Status requires one to Log in and Order a Certificate of Existence via the online channel. Log in to the SOS portal and place the request for the Certificate of Existence in Indiana.
Step 2: Choose Indiana Foreign LLC Name
Obtain a name reservation certificate and submit it with your foreign qualification requirements to the Indiana Secretary of State. Your LLC’s legal name outside of Indiana will be listed on the application, along with the name it will use in Indiana. Take note of the requirements for naming your LLC.
You can use the same name as your domestic LLC name, however, that name should be available in Indiana to use. Check name availability at Indiana’s business entity names and reserve your LLC name. There are a bunch of LLC naming guidelines in Indiana when it comes to forming a foreign LLC. Check the guidelines before you name your business.
Step 3: Select Indiana Foreign LLC Registered Agent
A registered agent is a person responsible for receiving all official and legal documents on behalf of your company, whether it is located domestically or in a foreign state. For a foreign LLC in Indiana, you must have a registered agent from Indiana only. No matter where your domestic LLC is located, you must hire a registered agent from Indiana for your foreign LLC.
You’ll need a registered agent to form a foreign LLC in Indiana and take note that the Indiana Registered Agent must have a local address. Here are the best LLC services on our list that will provide you with registered agents to ease your worries:
Step 4: File Application for Registration for Indiana Foreign LLC
The most important step is to send the application for registration with Indiana SOS. Download the PDF form from the Indiana Secretary of State website or file it online (whichever method is available). The form must be filled out with the following details:
- 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.
- DBA filing method in Indiana: two methods, by mail and in person
- Online: There is no online filing available
- Offline: For filing offline, you must send the downloaded PDF form or drop it off in person at the Marion County Recorder’s Office, 200 E. Washington Street, Suite T-741, Indianapolis, IN 46204
- DBA filing fee in Indiana: $35
- LLC’s principal office and mailing addresses
- LLC formation state and date.
- Registered agent’s name and address in Indiana.
- Date when your LLC will start operations in Indiana.
- Credit card information is on the last page of the form for the application fee.
Online Filing
For online filing of a foreign LLC in Indiana, you must visit the Secretary of State’s portal. Sign in to SOS with the credentials. If you are not yet registered with the portal then create an account using your name and official email. Once you are done creating your account, verify it and proceed to the foreign LLC registration page to file it online.
Offline Filling
In Indiana, offline filing of a foreign LLC is easy. You must download the Foreign LLC Registration Form. Once, you have the PDF form, make sure to fill it up with the correct and relevant information. The submission of the form takes place via mail or in-person visit to the SOS office at Secretary of State Business Services Division, 302 West Washington Street, Room E018, Indianapolis, IN 46204. The form must be typed or printed.
Foreign LLC Registration Fee in Indiana: The fee for registering a traditional LLC as a foreign entity in Indiana is $125. On the other side, if you’re filing a foreign LLC on behalf of the series LLC (or Master LLC) then the fee will be $250 for the processing of your foreign LLC.
The LLC cost in Indiana, even for foreign LLCs will differ between online filing and by mail. Also, read about what’s the major difference between Indiana’s domestic and foreign LLCs.
Step 5: Determine How Your Indiana Foreign LLC is taxed
Foreign LLCs are also subjected to the Indiana Business Privilege Tax and must file LLC annual reports each year. If you have a single-member foreign LLC then it will be considered as a ‘disregarded LLC’ by IRS. That means the LLC will not be regarded as a company but it will be taxed as an individual (the owner). If you already have an LLC in the home state, you must have obtained the EIN as well. You don’t need to obtain the EIN in Indiana for a foreign LLC separately as it is issued from the IRS.
For other types of LLCs (member-managed or manager-managed LLCs), it will be a ‘pass-through taxation‘ where the LLCs don’t get taxed separately, instead, the members and managers are taxed based on their personal income. So, foreign LLCs are taxed as same as domestic LLCs in Indiana. However, it is recommended to check with the Indiana Secretary of State for state-wise taxes.
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.
Filing Indiana Foreign LLC Online – Quick Recap
- Get the Certificate of Existence from your home state where your LLC is originally registered
- Check if the name of your LLC is available in Indiana to use for your foreign LLC. If not, file DBA name with Indiana SOS.
- Get a registered agent in Indiana to represent your foreign LLC in Indiana. Recommended, professional help instead of being your own registered agent.
- File the Application of Foreign LLC with the Indiana Secretary of State following the mentioned method(s) above.
- Make the processing fee.
BOI Reporting
According to the Corporate Transparency Act, every LLC (or business) has to send a BOI reporting to the Financial Crimes Enforcement Network (FinCEN). Once you establish an LLC and if it is enlisted under the list of reporting companies, you must file your BOI report in Indiana with the FinCEN.
After Forming Indiana Foreign LLC
Here are added things you need to accomplish after forming your Indiana Foreign LLC
- Obtain Business Licenses. Find the business licenses you’ll need using the Business License Search. You can contact the license office at Indiana Secretary of State.
- File LLC annual reports and Business Privilege Tax. You must file an Annual Report before the stipulated time frame after forming your LLC in Indiana. Here’s everything about Indiana LLC Annual Reports.
- Pay State Taxes like sales tax; you’ll need an EIN for your LLC.
FAQs
Also Read
- Alabama Foreign LLC
- Alaska Foreign LLC
- Arizona Foreign LLC
- Arkansas Foreign LLC
- California Foreign LLC
- Colorado Foreign LLC
- Connecticut Foreign LLC
- Delaware Foreign LLC
- DC Foreign LLC
- Florida Foreign LLC
- Georgia Foreign LLC
- Hawaii Foreign LLC
- Idaho Foreign LLC
- Illinois Foreign LLC
- Indiana Foreign LLC
- Iowa Foreign LLC
- Kansas Foreign LLC
- Kentucky Foreign LLC
- Louisiana Foreign LLC
- Maine Foreign LLC
- Maryland Foreign LLC
- Massachusetts Foreign LLC
- Michigan Foreign LLC
- Minnesota Foreign LLC
- Mississippi Foreign LLC
- Missouri Foreign LLC
- Montana Foreign LLC
- Nebraska Foreign LLC
- Nevada Foreign LLC
- New Hampshire Foreign LLC
- New Jersey Foreign LLC
- New Mexico Foreign LLC
- New York Foreign LLC
- North Carolina Foreign LLC
- North Dakota Foreign LLC
- Ohio Foreign LLC
- Oklahoma Foreign LLC
- Oregon Foreign LLC
- Pennsylvania Foreign LLC
- Rhode Island Foreign LLC
- South Carolina Foreign LLC
- South Dakota Foreign LLC
- Tennessee Foreign LLC
- Texas Foreign LLC
- Utah Foreign LLC
- Vermont Foreign LLC
- Virginia Foreign LLC
- Washington Foreign LLC
- West Virginia Foreign LLC
- Wisconsin Foreign LLC
- Wyoming Foreign LLC
In Conclusion
Having a foreign LLC in Indiana is nothing but expanding your business legally beyond the boundary of your domestic or home state. Starting a foreign LLC in Indiana 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. From getting the Certificate of Existence to hiring a registered agent in Indiana, a professional or attorney can always be a perfect help. ZenBusiness is one of the most accurate and user-friendly services that offer a bunch of LLC formation services. They offer LLC formation for $0 (excluding the state formation fee).
The cost of registering a foreign LLC in Indiana can vary depending on a range of factors. While the initial registration fees and ongoing expenses can be a significant investment, many companies find that the benefits of establishing a presence in the state outweigh the costs. By carefully considering the expenses involved and budgeting accordingly, companies can ensure that their foreign LLC in Indiana is a success.