An estimated 50,000 corporations and limited liability companies are running risks by doing business in Washington without registering with the Office of Secretary of State's Corporations Division.
Businesses need to register as a legal entity with the Secretary of State in addition to having a state business license.
Corporations Division Director Pam Floyd said her agency became aware that some businesses, many of them out-of-state companies, were failing to properly register, so it compared the Corporations Division list of active corporations and LLCs against Department of Revenue records.
Those failing to register with the Corporations Division may not have the same liability protection they have in their home state, according to the division. It could affect obtaining or renewing different types of business licenses, getting financing or contracts and state and/or federal tax rates for the business.
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Search for businesses at tsos.wa.gov/corps or call 360-725-0377 or corps@sos. wa.gov to see if a company is registered.