How do I consolidate an LLC into a c-corp? by @R44D
Answer by Raad Ahmed:
I’m pretty sure you mean “convert” your LLC when you say “consolidate.” On the legal front, the complexity of the legal work and filings required largely depends on the state you’re currently incorporated in and the state where the new entity will be formed. If they’re the same state, that will certainly help to streamline legal work to some extent. State laws typically fall in one of three buckets regarding corporate structure conversions: (1) non-statutory conversion; (2) statutory conversion; and (3) statutory merger. You may have to dissolve your LLC then incorporate as a Corp. A lawyer is the best person to ask about this.
Feel free to visitfor help with this. The attorneys on our marketplace help startups and established companies with business structuring and restructuring regarding both the legalities of formation and tax implications. Please feel free to message me directly if I can answer any additional questions you have about converting your business from one type of entity to a different one. Good luck w/ making the structure change!