Business Entity Conversion

An entity conversion may be necessary if you want to change the nature of your business.

Common reasons for entity conversion include: no longer needing to issue stock, the desire to seek venture capital funding, taking advantage of certain tax benefits, deciding to issue stock or realigning the management requirements for your company. Whether you are changing your business type from a corporation to an LLC, or from an LLC to a corporation, converting your company from one business type to another requires the business owner to follow the procedure required by the company’s state of incorporation.

For an overview of the conversion process go to: Converting Your Business.