Can I move my LLC from one state to another?

Perhaps the easiest way to move your LLC to a new state is to keep your old LLC and register it as a foreign LLC in the new state where you want to relocate. You’ll also have to register your LLC with your new state’s tax agency and pay any applicable state taxes.

How do I move my business from one state to another?

How to Move Your Sole Proprietorship, LLC or Corporation to a New…

  1. Continue your LLC in the previous state. Register as a foreign (out-of-state) LLC in your new state.
  2. Dissolve your LLC in the previous state.
  3. Register a new LLC in your new state.
  4. Register a new LLC in your new state.

Does it matter what state you register your LLC in?

When you decide to start a limited liability company (LLC), you can choose to form your company in any state, regardless of where you are based. But in most circumstances, your home state is going to be your most-effective option.

Can I use my business license in another state?

A corporation, LLC, LP or LLP cannot just transact business in states other than its home state. A corporation doing business in another state needs the other state’s permission to transact business there.

Can you start an LLC in a state you don’t live in?

People often wonder whether they can form an LLC in a state they don’t live in. The answer is yes. Companies have flexibility when choosing where to establish their domicile.

Do LLC pay less taxes than sole proprietorship?

There’s little difference between sole proprietorship taxes vs. LLC taxes. A single-member LLC is considered a sole proprietor, for tax purposes, while a multi-member LLC is considered a partnership.

Can an LLC work in multiple states?

No; although your corporation or limited liability company can register and do business in multiple states, you are only allowed to incorporate in one state.