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Business has evolved, and your original structure is no longer is the best fit—no problem. We’ll help you convert a corporation to or from an LLC, ensuring it’s done the right way.
Your quote depends upon both your business type and the states in which you do business.
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Whether it’s an LLC, a corporation, or other business type, each one has its own set of restrictions and opportunities. For example, a corporation can garner venture capital more readily than an LLC. Although the requirements vary, most states allow businesses to convert from one to another. Rest assured, CT’s compliance experts know the ins and outs of every state's conversion process.
Yes, filing to convert your corporation or LLC to another business type (conversion) is a different process from changing the number, par value, or type of authorized shares, or the number of directors (amendment).
Yes, there may be significant tax consequences, both at the time of conversion and going forward. For example, if you convert a corporation to an LLC, both the corporation and its shareholders may be taxed. It’s best to consult an accountant or tax advisor for advice on your particular situation.