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Merrill unveils online business formation tool

The Secretary of the State’s office took the wraps off a new system today that allows businesses to do all of their incorporation online.

Secretary of the State Denise Merrill said the new system should allow an application to be submitted as fast as it takes to order a cup of coffee. “This is a simple new function that will make it easier to do business in Connecticut. It will also save taxpayers money and businesses time,” she said.

Under the previous process, people forming businesses in Connecticut, or registering existing companies from foreign jurisdictions, had to mail, fax or walk in paper forms to the Secretary of the State’s Hartford customer-service center. This new function will allow the roughly 30,000 new LLCs and corporations that are formed every year, to go through the process online. It is expected to yield savings on printing and labor.

The system has also built-in verifications for third parties acting as agents for the business being formed as well as a required Certificate of Good Standing from local jurisdictions for businesses registering from outside of Connecticut.

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This new online business formation function has been in operation for several weeks for domestic LLCs and corporations, on a “soft opening” basis to test for bugs in the system, according to a spokesperson. The capacity to register foreign LLCs and corporations in Connecticut should be launched before next month.

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