Creating LLC in a new state

[Kenneth Joseph Perfido]

Hi everyone. I moved to a new state and was curious to see if I should open a new LLC for a new state and if anyone had reccomendations other than a local attorneys office to create one. Has anyone used online lile Zenbusiness?

[Savannah Wallace]

When considering moving your business to a new state, you have several options depending on the specific regulations of that state. One option is domestication, which involves moving your existing LLC from its current state and re-filing it in the new state. This process simplifies your administrative requirements, as you only have one registration to manage. However, it's important to note that not all states allow domestication; approximately 15 states prohibit this option.

If you're looking to move into a state that prohibits domestication and your LLC already has established business activities in its current state, then foreign filing might be a more suitable option. While this approach results in two separate registrations and associated filing requirements, it allows you to continue operations in both states without the need to dissolve and create a new LLC.

Dissolving your existing LLC and setting up a brand new one in the new state is another possibility. However, this option is generally less desirable if you have an existing business and ongoing activities in your current LLC. Foreign filing would be a preferable choice in such cases, as it avoids the complexities and potential disruptions associated with dissolving and establishing a new entity.

Overall, the best approach for expanding your LLC to a new state depends on the specific regulations of that state and the current status of your business. Domestication offers a streamlined solution if allowed by the state, while foreign filing provides a way to operate in multiple states without dissolving your existing LLC.