Company Formation in Hungary for US Entrepreneurs
Company formation in Hungary offers access to the EU market, low taxes, and residency options. Learn about the steps, costs, and compliance rules.
Are you considering expanding your business in Massachusetts? If your limited liability company was formed in another state, you’ll need to register as a Massachusetts foreign LLC before legally transacting business here. Don’t worry, “foreign” doesn’t necessarily mean international; it refers to any out-of-state business entity.
This is a step that’s required to stay compliant with the Massachusetts General Laws. Registering as a foreign corporation helps you operate legally while protecting your business's name and rights. The process might sound technical, but it’s manageable with the right information.
In this blog post, we’ll walk you through everything you need to know about how to form a foreign LLC in Massachusetts, so you can confidently expand your operations into the Bay State.1 We'll also discuss the Wise Business account. The global account that can help your company with all things cross-border.
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So you’re ready to register as a Massachusetts foreign LLC? Here’s a step-by-step breakdown to help you register without the stress:
First things first, if you’re regularly conducting interstate commerce in Massachusetts (like having a principal office address, employees, or contracts in the state), you’ll need to register as a foreign corporation. If you're unsure, it's best to check with a legal or business professional.2
To obtain this document, you must request it from the state where your limited liability company was originally formed. The certificate acts as proof that your business entity is compliant with that state’s laws and in good standing. It’s often required when filing your foreign LLC application or opening bank accounts. Make sure it's dated within the last 60 days. Processing times and fees vary by state, so plan ahead.3
You are required to have a registered agent with a business address in Massachusetts. This person or service must be available during regular business hours to receive legal and official documents. You can appoint an individual or use a professional service.
Now, it’s time to file the foreign register form, officially known as the Foreign Limited Liability Company Application for Registration, with the Massachusetts Secretary of the Commonwealth. You can file online or by mail. There is a filing fee of $500, payable upon submission.4
Mailing Address: One Ashburton Place, Room 1717
Boston, Massachusetts 02108-1512
Contact Information:
Once approved, you’ll need to file an annual report every year by your LLC’s anniversary date and keep your Massachusetts registered agent information up to date.
And that’s it! Follow these steps, and you’ll be ready to do business in Massachusetts the right way.
Once you have established your business with an LLC, you’ll need a business account to manage your US finances. A Wise Business account is easy to open online and comes with no monthly fees. You can convert funds from your home currency to USD with low, transparent fees.
Wise is not a bank, but a Money Services Business (MSB) provider and a smart alternative to banks. The Wise Business account is designed with international business in mind, and makes it easy to send, hold, and manage business funds in currencies. You can get major currency account details for a one-off fee to receive overseas payments like a local. You can also send money to countries.
Some key features of Wise Business include: |
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Open a Wise Business account online
Like with anything, there are always pros and cons. Registering as a foreign LLC in Massachusetts definitely has its advantages and disadvantages. Here are a few you should consider:
Pros | Cons |
---|---|
Strong diverse economy | High formation and annual fees |
Access to a highly educated workforce | Strict compliance requirements |
Thriving industries (tech, healthcare, education, etc.) | Must register as a foreign LLC |
Opportunity to reach an affluent, diverse customer base | Required to maintain a Massachusetts-registered agent |
Well-developed infrastructure and business resources | Annual report filing obligations |
Strategic location for business expansion | Time-consuming process |
Potential competitive edge in a lucrative market | Possible double taxation depending on the home state or country5 |
Maintaining a Massachusetts LLC as a non-resident might sound complicated, but with the right systems in place, it’s very doable and smart business.
To keep your LLC in good standing, you must file an annual report with the Massachusetts Secretary of the Commonwealth every year by the anniversary of your LLC’s formation.
Your LLC must maintain a registered agent with a physical business address in Massachusetts who is available during regular business hours to receive legal documents and notices on your behalf.
Even if you don’t live in Massachusetts, your limited liability company may still owe taxes in the state. That’s why understanding and complying with tax obligations helps you avoid penalties or interest.
If you're doing business in Massachusetts but your LLC was formed in another state or country, it’s absolutely crucial to register as a foreign LLC. Why? Because Massachusetts General Laws requires out-of-state businesses to register before legally operating here. That includes opening a physical office, hiring employees, or even signing contracts with local clients.
Registering your foreign LLC not only keeps you compliant, but it also shows your business is serious and trustworthy, something Massachusetts customers and partners appreciate. On top of that, it helps you avoid fines, legal issues, or having your contracts questioned down the line. So registering is extremely important, and a step you cannot miss if you plan to do business in the Codfish State.1
Finalizing your Massachusetts foreign LLC registration is a smart move if you're serious about expanding into the state. While the process may seem like just another tedious step, it's actually rather important in terms of protecting your business and staying compliant with the state. If you take the time to get it right up front, you’ll set your business up for a smoother, more secure path as you grow in the Bay State.5
Not exactly. Registering a foreign LLC means your existing LLC (formed in another state) is allowed to legally operate in Massachusetts. It’s not the same as forming a brand-new LLC in MA, but it gives your out-of-state company the right to do business here.2
You don’t need a physical office, but you do need a Massachusetts-registered agent with a physical address in Massachusetts. Your agent will receive legal and official documents on your behalf.3
Foreign registration typically takes 5 to 10 business days if filed online, but it can take longer if submitted by mail or during peak times.4
No. Operating without registering can result in penalties, fines, and restrictions on legal actions, such as entering into contracts or filing lawsuits in the state.5
If you fail to maintain compliance (like filing annual reports or keeping your Massachusetts registered agent active), your foreign LLC can be revoked or dissolved, leading to loss of legal protection and credibility.2
Possibly. While registering as a foreign LLC allows you to legally do business in Massachusetts, some industries or local jurisdictions may require additional business licenses or permits. It's important to check with the city or town where you plan to operate and confirm any licensing requirements specific to your industry.4
While the overall foreign LLC application process in Massachusetts is similar for both international and domestic (out-of-state US) businesses, there are some key differences. International businesses may need to provide additional documentation, such as certified translations of formation documents, apostilles, or proof of good standing from their home country. They may also face additional tax or compliance requirements under Massachusetts General Laws. Domestic businesses typically only need a Certificate of Good Standing from their home state. International businesses need to consult with legal or tax professionals familiar with cross-border requirements to make sure the process is as smooth as possible. 1
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This publication is provided for general information purposes and does not constitute legal, tax or other professional advice from Wise Payments Limited or its subsidiaries and its affiliates, and it is not intended as a substitute for obtaining advice from a financial advisor or any other professional.
We make no representations, warranties or guarantees, whether expressed or implied, that the content in the publication is accurate, complete or up to date.
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