Can you move an LLC from one state to another?
Joseph Russell
Domesticate Your LLC Your next option is to formally transfer an LLC from one state to another. This process is known as domestication. If your state allows it, a domesticated LLC may be the easiest and best way to handle a business move. You’ll then need to dissolve the business in the old state.
How do I transfer my LLC to Florida?
Obtain a Certificate of Good Standing for the corporate entity from the state where it is currently based. File a Certificate of Domestication and Articles of Incorporation/Organization with the Florida Division of Corporations. File for dissolution of the LLC in the previous state.
Can I transfer my LLC from NY to Florida?
Florida law allows an LLC that was formed in another state to relocate to Florida through a process called conversion. Conversion allows the LLC owners—called members—to change the governing law that applies to the LLC.
How does a LLC move from another state to Florida?
Florida’s LLC domestication statutes outline a specific process for moving an LLC to Florida. The process requires a series of customized legal documents to be created and filed in a specific sequence. Florida law allows an LLC that was formed in another state to relocate to Florida through a process called conversion.
Can a company be moved from one state to another?
You cannot simply move your company from one state to another, as a company formed in one state will always be a company of that state, without doing things carefully (depending on which states are involved).
What happens if you move your business to Florida?
Since corporate registrations are state-specific, moving your corporation from another state to Florida means transferring your registration, but this isn’t as simple as transferring a driver’s license or voter registration. You can continue operating in your former state and register as a foreign, or outside, corporation doing business in Florida.
Can a foreign LLC be registered in another state?
Here are the options and the reasons you might choose each. When you move an LLC to another state, your business is considered a “foreign LLC” in that state. It’s perfectly acceptable to have an LLC that is formed in one state and registered to do business as a foreign LLC in one or more other states.