Web Hosting Talk







View Full Version : Is it hard to relocate an LLC from one state to another?


grabmail
01-27-2006, 01:45 PM
eg. if you have a Delaware LLC and now, you wish to convert it to a New York LLC?

AnmolTech
01-27-2006, 03:12 PM
What i would like to know also is:

If register an LLC in NY and later move to someother state -- what happens then?

sshepherd
01-27-2006, 03:22 PM
why not just keep it in the original state and pay a registered agent to handle your mail? Shouldn't run more than $100-150/yr

grabmail
01-27-2006, 05:11 PM
Yup. I have the same question as vj135

sshepherd: for convenience sake i guess. If i keep it in the original state, i have to register a foreign corp in the new state

AnmolTech
01-27-2006, 06:11 PM
Yup. I have the same question as vj135

sshepherd: for convenience sake i guess. If i keep it in the original state, i have to register a foreign corp in the new state

I am sure someone here would know.

So we would have to pay $$ for a reigstered agent as well as $$ to register as a foreign corp.??

sct4a
01-27-2006, 07:08 PM
Not quite sure about that. I have a couple llc's regged outta deleware and don't pay anything for operating out of ny....granted I do not have a storefront but I do have an office here in nyc. I also maintain an address in deleware. As per my accountant I was good to go.

ayksolutions
01-27-2006, 07:26 PM
We are currently registered in Iowa but moved to upstate NY. We pay our lawyer in Iowa $75/year for the licensing fee and that is it. There's no need to be registered anywhere else.

JayC
01-27-2006, 08:56 PM
Not quite sure about that. I have a couple llc's regged outta deleware and don't pay anything for operating out of ny....granted I do not have a storefront but I do have an office here in nyc. Well, some people drive without a license also. :)

If you conduct business in New York State but are organized as a corporation or LLC elsewhere, you legally are required to file an "application for authority" to do so. Most if not all other states have similar requirements.

http://www.dos.state.ny.us/cnsl/do_bus.html

ayksolutions
01-27-2006, 09:47 PM
Does a hosting company fall into that category I wonder. I'd have to do some more research on it.

grabmail
01-28-2006, 04:52 AM
Well, some people drive without a license also. :)

If you conduct business in New York State but are organized as a corporation or LLC elsewhere, you legally are required to file an "application for authority" to do so. Most if not all other states have similar requirements.

http://www.dos.state.ny.us/cnsl/do_bus.html

yup. that's the point. I find the whole issue of applying a separate authority or such just plain inconvenient.

Wouldn't it be easier to just deregister your LLC in the old state and reregister it in the new state? never mind the extra costs in doing so.

AnmolTech
01-29-2006, 12:25 PM
I am bumping this thread for more comments.

Thanks

bqinternet
01-29-2006, 09:41 PM
Not quite sure about that. I have a couple llc's regged outta deleware and don't pay anything for operating out of ny....granted I do not have a storefront but I do have an office here in nyc. I also maintain an address in deleware. As per my accountant I was good to go.

As JayC mentioned, you're generally required to apply for a Certificate of Authority in the state if you maintain a physical office (i.e. do business there). In our case, we're a Delaware corporation, but authorized as a foreign business corporation in the state of New York.

I'm glad that you're taking advice from an accountant, but you may want to also consult a lawyer. The basic professionals that you always want to have access to in business are an accountant and a lawyer, and you're missing half of the equation :)