Company Rock can only assist with new formations, though we can form a business in any state you desire.

Moving your LLC to a new state involves a few key steps and options, depending on the specifics of your situation and the state you’re relocating to. This article outlines the various methods you can use to transfer your LLC and what to consider in the process.

1. Dissolution and Reincorporation

One common method is to dissolve your LLC in the current state and form a new LLC in the desired state. This process involves closing your business in the original state, including settling any outstanding obligations and filing the necessary dissolution documents. Afterward, you would establish a new LLC in your new state of choice. While this option might seem straightforward, it’s important to consider the potential tax implications and administrative work involved.

2. Statutory Conversion

Some states offer a statutory conversion process that allows you to convert your existing LLC into a new LLC registered in a different state without dissolving the original entity. This option streamlines the process, preserving your LLC’s continuity and history. The availability and specifics of statutory conversion depend on the regulations of both the current and new states.

3. Domestication or Re-domiciliation

Domestication, or re-domiciliation, is another option where your LLC changes its state of incorporation while maintaining its legal existence. Not all states allow domestication, so it’s important to check with the Secretary of State’s office in both your current and new states to determine if this option is available and what steps are required.

4. Foreign Qualification

In some cases, instead of moving your LLC, you might consider foreign qualification. This process involves registering your existing LLC as a foreign entity in the new state while keeping it active in the original state. This allows your LLC to operate in multiple states without having to dissolve and recreate it. However, it means you’ll need to comply with the regulations and tax requirements of both states.

• Research State Requirements

Visit the Secretary of State website for your new state to understand the specific process and requirements for relocating your LLC. This site will provide detailed instructions and forms needed for each method of moving your LLC.

• Consult the Secretary of State Office

For personalized guidance, consider calling the Secretary of State office in your new state. They can provide additional insights into the process, including whether they assist with domesticating or moving an LLC from another state.

Notes:

Company Rock specializes in new business formations at the time of this writing and can help you set up an LLC in any state you choose. While we cannot directly assist with moving an existing LLC, our team can guide you on starting a new LLC in your desired state and provide information on how to manage the transition.

Overall, moving your LLC to a new state can be approached in several ways, including dissolution and reincorporation, statutory conversion, domestication, or foreign qualification. Understanding the options and consulting with the appropriate state authorities will help ensure a smooth transition for your business.