So You Moved? Follow This Guide To Moving Your LLC to Another State #infographic

 

So You Moved? Follow This Guide To Moving Your LLC to Another State #infographic

Entrepreneurship comes with a set of benefits of its own, one of which is that you can run your business wherever you want. You could be moving to lower your cost of living, be closer to home, or just want to explore another part of the world. When moving an LLC to another state, regardless of the cause, it's important to know your options.

The method differs by business and by state, so you need to set your goals first and then look at the rules for the state you are going to. If you are not sure where to start changing your LLC address, this article is intended to help you distinguish which option fits your needs better.

Consider remaining as an LLC or Corporation in the old state and registering as a foreign company doing business in a new state if the transfer is temporary or you intend to move back to the original state of operation. When you move an LLC to another state, your company in that state is called a "international LLC".

The most expensive of the three would probably be this choice. You will have to pay annual fees, and in both states, you will also need a licensed agent to keep up with the LLC filing and reporting requirements of each state. If you foresee moving states again soon, however, this may be your best bet. Although still running your company in a new venue, you will keep the same employer identification number, bank accounts and permanent business address.

Check if you meet the international qualification requirements to register as a foreign company and then send a form to the state agency responsible for business filings.

So You Moved? Follow This Guide To Moving Your LLC to Another State #infographic

infographic by: www.incfile.com

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