Once I have created an entity, such as a Limited Liability Company, can it be changed to another entity type? How about corporations? Can they be changed into LLCs?
Things change⦠Your business can too!
Getting your business started can be overwhelming. You have a product or service to promote, paperwork to file, taxes to set up and much more. If you're like many business owners, you may have a "day job" funding your start-up. You may be working insane hours to hold it all together as you pursue your dream of business ownership.
It's a crazy busy time and absolutely exhausting but eventually, the dust settles. You have found some semblance of balance and you have a system in place! Your business is growing and you may find yourself wondering if you chose the best entity type. Maybe you should have filed a corporation instead of a LLC and now you're stuck! Not to worry; you can change your business to suit it's grown up, functional self. But why would you want to change your entity type?
If you have any questions or need help picking the entity type that is best for you, give us call at 888-886-9552 Monday through Friday from 7am to 5pm MST (real people answer the phone!).
You can also chat or email us!