ANNOUNCEMENT 28 Mar 2018
In 2018 the state of Wisconsin enacted a bill that that facilitates the entry of foreign firms into the state.
NUMBER OF INTERVENTIONS
On March 28, 2018 the governor of the state of Wisconsin signed into law a bill (now 2017 Wisconsin Act 162) that facilitates the entry of foreign firms into the state. Existing law had provided that foreign corporations “may not establish or maintain in this state a place of business or branch office for the conduct of business as a fiduciary, but may establish and maintain in this state one or more representative offices if those offices do not act in a fiduciary capacity.” The bill amended that law to allow foreign corporations to receive certificates of authority in the same way that domestic firms can. The law took effect March 30, 2018.