Entity Conversion
The process of changing from one type of entity -for example, a corporation to an LLC or vice-versa, is called Entity Conversion.
Companies can change their legal format for different reasons. An LLC may want to convert to a C Corporation to make easier the incorporation of new shareholders, investors or for tax purposes. A Corporation can convert to a Limited Liability Company (LLC) to take advantage of the pass-through feature allowed to an LLC.
Only $199 + State Fee
It's Simple and Easy
1. Fill out application
2. Sign & Submit
3. We Process Document
4. Receive Updates
Why Choose Us?
EXPERIENCED PROFESSIONALS
StartABizzy.com has worked with thousands of companies. We can put all of that expertise and knowledge to work for you so you can get back to focusing on your business.
FAST & RELIABLE SERVICE
Through your secure online account, you can complete the process often with a few clicks of the mouse and then let our business professionals take over. With our automated process and expertise, we do it fast and do it right.
AVOID THE HEADACHES
Rather than doing the research and figuring out exactly how to do the paperwork yourself, let our professionals handle it for you. Our mission is to take away the hassles of paperwork so you can build your business.
AVOID COSTLY MISTAKES
Messing up this annoying administrative task can slow you down and cost you extra. Knowing that it will be done fast and done right the first time allows you to get to work faster and follow your passion while we do the paperwork.
Conversion Service FAQs
Most frequent questions and answers
A conversion is the formal process of converting your entity from one form (e.g., LLC) to another form (e.g., Corporation).
There are a number of reasons you may need to do a conversion. Often, the entity type that made sense at creation may not make sense in your current state. Organizations convert because of different growth strategies, ownership structures, mergers, or new investor demands to list a few examples.
Converting your entity type may come with significant legal, tax and accounting implications.
Other than through a merger or a dissolution, the most popular way to do it is through a statutory conversion. Dissolving and forming a new company is expensive and complex. It can also result in significant tax implications as you have distribute the assets of one company and then form another. A statutory conversions usually requires a filing with the appropriate Secretary of State without the need to close down or form a new entity. The exact requirements vary by state, but our team of professionals know exactly what you will need to complete your conversion including both the documentation and where it needs to be filed.
Instead of being an LLC, by way of example, your company would then become a corporation—or vice versa. While that has legal and accounting implications, for all intents and purposes everything else remains the same. The assets and liabilities all remain within the same entity and it simply continues as the new entity type. If you are foreign qualified in a number of states, you may need to make updates in each state with an amendment.
Driving Businesses Forward
Every day, we help businesses capture more opportunities and meet their goals.
Entity Conversion
The process of changing from one type of entity -for example, a corporation to an LLC or vice-versa, is called Entity Conversion.
Companies can change their legal format for different reasons. An LLC may want to convert to a C Corporation to make easier the incorporation of new shareholders, investors or for tax purposes. A Corporation can convert to a Limited Liability Company (LLC) to take advantage of the pass-through feature allowed to an LLC.
Only $199 + State Fee
It's Simple and Easy
1. Fill out application
2. Sign & Submit
3. We Process Document
4. Receive Updates
Why Choose StartABizzy.com
Our knowledgeable staff has years of experience. Do what you love, let us handle the paperwork.
EXPERIENCED PROFESSIONALS
StartABizzy.com has worked with thousands of companies. We can put all of that expertise and knowledge to work for you so you can get back to focusing on your business.
FAST & RELIABLE SERVICE
Through your secure online account, you can complete the process often with a few clicks of the mouse and then let our business professionals take over. With our automated process and expertise, we do it fast and do it right.
AVOID THE HEADACHES
Rather than doing the research and figuring out exactly how to do the paperwork yourself, let our professionals handle it for you. Our mission is to take away the hassles of paperwork so you can build your business.
AVOID COSTLY MISTAKES
Messing up this annoying administrative task can slow you down and cost you extra. Knowing that it will be done fast and done right the first time allows you to get to work faster and follow your passion while we do the paperwork.
Conversion Service FAQs
Most frequent questions and answers
A conversion is the formal process of converting your entity from one form (e.g., LLC) to another form (e.g., Corporation).
There are a number of reasons you may need to do a conversion. Often, the entity type that made sense at creation may not make sense in your current state. Organizations convert because of different growth strategies, ownership structures, mergers, or new investor demands to list a few examples.
Converting your entity type may come with significant legal, tax and accounting implications.
Other than through a merger or a dissolution, the most popular way to do it is through a statutory conversion. Dissolving and forming a new company is expensive and complex. It can also result in significant tax implications as you have distribute the assets of one company and then form another. A statutory conversions usually requires a filing with the appropriate Secretary of State without the need to close down or form a new entity. The exact requirements vary by state, but our team of professionals know exactly what you will need to complete your conversion including both the documentation and where it needs to be filed.
Instead of being an LLC, by way of example, your company would then become a corporation—or vice versa. While that has legal and accounting implications, for all intents and purposes everything else remains the same. The assets and liabilities all remain within the same entity and it simply continues as the new entity type. If you are foreign qualified in a number of states, you may need to make updates in each state with an amendment.
Driving Businesses Forward
Every day, we help businesses capture more opportunities and meet their goals.
Entity Conversion
The process of changing from one type of entity -for example, a corporation to an LLC or vice-versa, is called Entity Conversion.
Companies can change their legal format for different reasons. An LLC may want to convert to a C Corporation to make easier the incorporation of new shareholders, investors or for tax purposes. A Corporation can convert to a Limited Liability Company (LLC) to take advantage of the pass-through feature allowed to an LLC.
Only $199 + State Fee
It's Simple and Easy
1. Fill out application
2. Sign & Submit
3. We Process Document
4. Receive Updates
Why Choose StartABizzy.com
Our knowledgeable staff has years of experience. Do what you love, let us handle the paperwork.
EXPERIENCED PROFESSIONALS
StartABizzy.com has worked with thousands of companies. We can put all of that expertise and knowledge to work for you so you can get back to focusing on your business.
FAST & RELIABLE SERVICE
Through your secure online account, you can complete the process often with a few clicks of the mouse and then let our business professionals take over. With our automated process and expertise, we do it fast and do it right.
AVOID THE HEADACHES
Rather than doing the research and figuring out exactly how to do the paperwork yourself, let our professionals handle it for you. Our mission is to take away the hassles of paperwork so you can build your business.
AVOID COSTLY MISTAKES
Messing up this annoying administrative task can slow you down and cost you extra. Knowing that it will be done fast and done right the first time allows you to get to work faster and follow your passion while we do the paperwork.
Conversion Service FAQs
Most frequent questions and answers
A conversion is the formal process of converting your entity from one form (e.g., LLC) to another form (e.g., Corporation).
There are a number of reasons you may need to do a conversion. Often, the entity type that made sense at creation may not make sense in your current state. Organizations convert because of different growth strategies, ownership structures, mergers, or new investor demands to list a few examples.
Converting your entity type may come with significant legal, tax and accounting implications.
Other than through a merger or a dissolution, the most popular way to do it is through a statutory conversion. Dissolving and forming a new company is expensive and complex. It can also result in significant tax implications as you have distribute the assets of one company and then form another. A statutory conversions usually requires a filing with the appropriate Secretary of State without the need to close down or form a new entity. The exact requirements vary by state, but our team of professionals know exactly what you will need to complete your conversion including both the documentation and where it needs to be filed.
Instead of being an LLC, by way of example, your company would then become a corporation—or vice versa. While that has legal and accounting implications, for all intents and purposes everything else remains the same. The assets and liabilities all remain within the same entity and it simply continues as the new entity type. If you are foreign qualified in a number of states, you may need to make updates in each state with an amendment.
Driving Businesses Forward
Every day, we help businesses capture more opportunities and meet their goals.