New Higher Standards for Oregon Corporation and LLC Formations

Effective January 1, 2018, business entities are required to provide more detailed information when filing documents related to formation, conversion, or mergers. Up until this year, Oregon had a fairly loose procedure for business formation. In fact, when the Panama Papers exposed a number of shell companies in the US, Oregon was right up there with Delaware and Wyoming for ease of corporate filing. Now, with the House Bill 2191 taking effect, the Secretary of State requires more detailed information when forming business entities. In the initial filing, corporations and LLCs must now provide a principal place of business, which must be a physical street address, and not a commercial mail-r

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