Easiest way to move my business out of Rhode Island

---

Start Your Redomestication Now

The Redomestication Process in a Nutshell

1. Enter your biz name HERE.

Then click "get exact price" and follow the steps.

Takes less than five minutes.

Submit payment securely online then sit back and relax.

24-48 hours

2. We prepare the legal docs.

Our dually-licensed attorney+CPA prepares the legal documents and sends them to you via DocuSign.

You sign. We take it from there.

Same Day

3. We submit the legal filings to the states.

We monitor the status closely, respond to inquiries from their offices, and send you weekly updates.

No extra charge. 100% success rate.

1-3 months

4. Approved! ✅

We send you a checklist of go-forward obligations and simple steps for your tax pro to follow.

120% money-back guarantee if we do not succeed.

Did you know? The average business that moves to a state without state-level income tax saves over $12,500 in taxes per year.

Still have questions? Schedule a free meeting with our attorney and CPA.

Redomestication, also known as redomiciling, refers to the lesser-known legal process of transferring or moving the "home state" of an existing Corporation, partnership, or LLC, from Rhode Island to a new state. It means keeping your existing company name, credit, and federal employer identification number (FEIN) without wasting time and money creating a new business entity, applying for foreign registration, or moving assets between companies.
— Prof. Chad D. Cummings, Esq., CPA

Start Your Redomestication Now

The easiest way to move a business out of Rhode Island is to preserve continuity, not restart the entity

When an owner asks for the easiest way to move a business out of Rhode Island, the operative word is move, not “rebuild.” In practice, many relocation efforts fail because they are structured as if the company were being formed for the first time. That approach can unnecessarily disrupt banking, vendor onboarding, customer contracts, and internal governance, all while creating avoidable tax and administrative friction.

Redomestication (also described as statutory conversion) is designed to accomplish what most owners actually intend when they seek the easiest way to move their business out of Rhode Island: a change in the company’s home state while maintaining business continuity. Done properly, the company remains the same legal entity for operational purposes, which is the central reason redomestication is treated as the preferred mechanism on this subject.

To evaluate whether redomestication is the easiest way to move your business out of Rhode Island for your specific fact pattern, begin with a plain-English overview and the firm’s filing workflow here: the easiest way to move a business out of Rhode Island through redomestication.

Why exiting the Rhode Island tax environment and compliance burden often justifies relocation

Business owners generally do not explore relocation because they enjoy paperwork. They do so because the Rhode Island tax environment and compliance posture can compound over time, particularly where the company has grown beyond a local footprint or has permanently shifted operations elsewhere. Even where taxes are not the sole motivator, the cumulative burden of filings, renewals, and multi-agency compliance can become a material drag on management time and cash flow.

The most important planning point is that reducing Rhode Island exposure requires more than simply “doing business” in a new state. If the company continues to maintain a Rhode Island legal home, owners frequently remain subject to Rhode Island-level entity maintenance requirements and related obligations. This is precisely why the easiest way to move a business out of Rhode Island is typically a formal change of domicile rather than a partial workaround that leaves the original home state intact.

From a CPA’s perspective, owners should also be wary of the misconception that “forming a new LLC elsewhere” automatically ends Rhode Island consequences. In many cases, that strategy creates two entities, duplicative returns, duplicated accounting, and additional points of failure. Redomestication, by contrast, is structured to avoid those duplications by moving the entity itself.

Redomestication: the easiest way to move your business out of Rhode Island without losing your EIN, contracts, or goodwill

Redomestication is often the easiest way to move a business out of Rhode Island because it is engineered for continuity. As described in the firm’s process, the objective is not to create a replacement entity; it is to transfer the company’s home state while keeping the company operationally intact. That continuity has concrete legal and financial consequences for day-to-day operations.

Three continuity items matter most in real-world relocations: (1) preserving the federal employer identification number (FEIN), (2) maintaining existing contracts without forcing counterparty consents solely because a “new company” was formed, and (3) protecting brand equity by avoiding unnecessary changes to the company’s name and identity. These are not cosmetic details; they determine whether the relocation is smooth or whether it triggers renegotiations, re-onboarding, and internal disruption.

Accordingly, for owners seeking the easiest way to move their business out of Rhode Island, redomestication is superior precisely because it is a continuity-first mechanism. For implementation guidance and a flat-fee, step-by-step filing path, review the easiest way to move your company out of Rhode Island while keeping the same FEIN.

Common misconceptions that make relocation harder than it needs to be

Misconception #1: “Foreign registration is the easiest way to move my business out of Rhode Island.” Foreign registration is a compliance method for operating in a second state while remaining domiciled in Rhode Island. It may be appropriate where a business truly intends to keep a Rhode Island home state. However, when the owner’s goal is to exit Rhode Island’s ongoing entity maintenance posture, foreign registration can become a costly detour that preserves the very obligations the owner is attempting to leave behind.

Misconception #2: “Dissolution and re-formation is cleaner.” Dissolution is not a continuity tool; it is a termination tool. Owners who dissolve prematurely may discover that contracts, licensing relationships, bank accounts, and vendor approvals were tied to the original entity. They then spend months recreating operational infrastructure that already existed. As an attorney, I routinely see the downstream cost of well-intended but poorly structured dissolutions.

Misconception #3: “A merger is necessary to change states.” Mergers can work, but they introduce additional complexity, documentation, and cost where a statutory conversion would have accomplished the same business objective more directly. For owners focused on the easiest way to move a business out of Rhode Island, complexity is not a virtue; it is an expense.

Procedural considerations that determine whether the “easiest way” stays easy

Even when redomestication is the correct solution, execution matters. A proper conversion plan should be approached as a controlled legal project: confirm the target state is eligible for the conversion path, validate entity type compatibility, align governing documents, and identify any third-party relationships that require notice or administrative updates. The goal is to preserve continuity while ensuring the filings are accepted and the resulting company record remains clean.

Owners should also plan for practical post-approval steps. While redomestication is designed to keep the company intact, banks, payment processors, payroll providers, and certain licensing agencies often require updated formation evidence, updated addresses, or updated authorized signer documentation. These steps are typically manageable when handled systematically; they become disruptive only when ignored until a transaction is blocked.

For that reason, the easiest way to move your business out of Rhode Island is not merely choosing the correct legal mechanism, but also selecting a process that includes document preparation, coordinated state filings, and clear post-approval guidance. The firm’s end-to-end workflow is outlined here: easiest method to move a Rhode Island business to a new state via redomestication.

Why professional guidance is essential when relocating out of Rhode Island

Owners frequently assume this is “just a form filing.” That assumption is understandable, but it is incomplete. A redomestication affects governance, entity records, and ongoing compliance; it may also influence how counterparties, lenders, and regulators view the company. The legal work is not simply generating paper—it is ensuring the company’s identity remains stable while the domicile changes, which is the very point of pursuing the easiest way to move a business out of Rhode Island.

Moreover, as a CPA, I emphasize that owners should avoid accidental tax complications that arise from poorly structured alternatives. Forming a new entity, transferring assets, or attempting an improvised “migration” can create accounting discontinuity and unintended reporting outcomes. Redomestication is favored because it is designed to minimize those disruptions when performed correctly.

Owners seeking the easiest way to move their business out of Rhode Island should prioritize a continuity-preserving, professionally managed redomestication rather than a patchwork solution. The most direct next step is to review the filing options and begin the intake workflow at the easiest way to move a business out of Rhode Island—start a redomestication.

Conclusion: the easiest way to move a business out of Rhode Island is a statutory conversion designed for continuity

In a properly structured relocation, the company’s operations continue without unnecessary interruption while the legal domicile changes. That is the central reason redomestication is repeatedly the easiest way to move a business out of Rhode Island for owners who have permanently shifted operations and want to reduce Rhode Island-level entity maintenance friction. It is a mechanism that is purpose-built to preserve contracts, the FEIN, and (in most cases) the company name—features that alternative approaches routinely jeopardize.

If the objective is to leave Rhode Island’s business climate and compliance posture behind while keeping the enterprise intact, redomestication should be evaluated first, not last. Proceeding with foreign registration, dissolution, or a merger without understanding the continuity consequences often creates months of avoidable legal and administrative cleanup.

To pursue the easiest way to move your business out of Rhode Island with minimal disruption, use the firm’s redomestication process and flat-fee filing path here: easiest way to move a Rhode Island company to a new state through redomestication.

Start Your Redomestication Now

Domestication vs. Foreign Registration vs. Merger vs. Dissolution: A Comparison

Domestication is, in many circumstances, far preferable to registering an LLC or corporation as a foreign entity, especially where the LLC or corporation has permanently moved its operations and will not be returning to the prior state in the near future.

Some attorneys, unfortunately, confuse their clients by recommending a foreign entity registration in the new state, or worse, a merger, where a redomestication™ would have accomplished the goals of moving their business to a new state efficiently and effectively.

The top seven benefits of moving your company (LLC, corporation, or partnership) to a new state via redomestication™ to transfer your business include:

1. Maintaining your existing federal employer identification number, eliminating the tax headaches of forming a new company or transferring assets between companies (and inadvertently triggering a hefty tax bill from the IRS) when you move your business to a new state;
2. Keeping your existing business credit history and track record, safeguarding your reputation with clients, vendors, and creditors when moving your LLC or corporation to a new state;
3. Continuing your existing business name (in almost every case), protecting your most important assets when moving your company to a new state: your brand, reputation, and time you have already invested in search engine optimization;
4. Maintaining your existing contracts with customers and vendors because moving your business to a new state via redomestication™ does not create a new company: it maintains your existing company, saving you dozens (or even hundreds) of hours re-writing (and re-negotiating) contracts and changing banks;
5. Eliminating the need to continue paying registration fees and taxes in your prior state (assuming you have discontinued your operations there and have permanently relocated to a new state), potentially saving you tens of thousands of dollars (or more) in state taxes every quarter when you move your business to a new state;
6. Avoiding unnecessary IRS scrutiny because moving your LLC or corporation to a new state via redomestication™ is a tax-free transaction under the Internal Revenue Code; and
7. Reducing the amount of time you spend on administrative filings, saving you untold hours annually, by moving your company to a new state.

Before taking the "penny wise and pound foolish" approach of foreign entity registration or spending countless hours and exorbitant legal fees (and possibly taxes) on a merger or merger-gone-wrong to move your company to a new state, ensure you understand your options.

In most circumstances, redomestication™ (and not a foreign entity registration or costly and complicated merger) is the best route to achieve a change in company domicile to a new state.

Start Your Redomestication Now