Easiest way to move my business out of Wyoming

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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 Wyoming 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

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The easiest way to move a business out of Wyoming is to preserve continuity, not restart

When an owner asks for the easiest way to move a business out of Wyoming, the correct legal and tax framing is continuity. The objective is not merely to change addresses or obtain permission to transact in a new jurisdiction; it is to change the entity’s legal “home state” while preserving the same operating company, the same federal employer identification number (FEIN), and the same contractual footprint. In practice, the most reliable way to accomplish this goal is redomestication (a statutory conversion), which is designed specifically to transfer domicile without interrupting the company’s existence.

By contrast, many business owners mistakenly assume that the easiest way to move their business out of Wyoming is to form a brand-new entity elsewhere and then “move everything over.” That approach often creates avoidable friction: new bank onboarding, new vendor setups, contract assignments, licensing delays, and potential tax complications if assets are transferred improperly. A properly executed statutory conversion is engineered to avoid those disruptions, which is precisely why it is the preferred mechanism when the business has meaningfully relocated and intends to operate primarily outside Wyoming.

For a step-by-step explanation of how redomestication works and why it is frequently the most efficient solution, review the easiest way to move a business out of Wyoming through redomestication.

Why leaving Wyoming can be prudent: taxes, legal framework, and business climate

There is no single reason owners decide that the easiest way to move their business out of Wyoming is also the smartest way forward; rather, the decision typically reflects a combination of tax, operational, and legal considerations. For example, businesses that have operationally shifted to a new state often want their governing law, reporting obligations, and administrative relationships to align with where the company actually functions day-to-day. Misalignment between “paper domicile” and operational reality tends to produce compliance inefficiencies and risk, particularly as the business grows.

From a planning perspective, exiting the Wyoming environment may also support governance and investor objectives. Certain companies prefer a different state’s statutory defaults, court infrastructure, or market norms for entity governance, fiduciary duties, and dispute resolution mechanics. Others prioritize the administrative predictability of their new home state’s filing procedures and the ability to maintain the company’s core identity while formally relocating the domicile.

Critically, achieving these benefits depends on selecting a mechanism that changes domicile without forcing a business reset. In many cases, the easiest way to move an existing company out of Wyoming without operational disruption is the statutory conversion process described on the redomestication page.

Redomestication (statutory conversion): the most direct legal mechanism to move out of Wyoming

As both an attorney and a CPA, I focus on whether a proposed transaction accomplishes the legal objective with the least collateral damage. Redomestication—also referred to as redomiciling—accomplishes a change of domicile by converting the entity from a Wyoming domestic entity into a domestic entity of the target state, consistent with the applicable statutes. The practical effect is that the company continues as the same legal “person,” but under the laws of the new home state. That is why redomestication is often the easiest way to move a business out of Wyoming while preserving continuity.

This continuity matters because it protects the business’s operational spine: vendor relationships, customer contracts, banking profiles, and the company’s public-facing identity. In many instances, the company can keep its name and avoid the marketplace confusion that can follow a “newco” formation. Additionally, because the transaction is structured as a statutory conversion rather than a dissolution-and-reformation, the company generally avoids the administrative domino effect that accompanies dissolving one entity and forming another.

Owners evaluating whether the easiest way to move their business out of Wyoming is redomestication should begin with the statutory question: does the destination state allow domestication/conversion for the entity type at issue (LLC, corporation, partnership), and what filings are required in both states? The procedural path is straightforward when handled correctly, but it must be executed with precision to avoid unintended compliance gaps.

Preserving the FEIN, contracts, and name: why “continuity” is the decisive advantage

The most valuable benefit of selecting the easiest way to move a business out of Wyoming is not speed for its own sake; it is a legally clean transition that preserves the enterprise’s existing attributes. A statutory conversion is specifically promoted as allowing the entity to keep its FEIN, maintain existing contracts, and, in most cases, retain its name. Those points are not marketing slogans—they are practical, measurable advantages that reduce friction with banks, payroll providers, merchants, and counterparties that may otherwise require re-underwriting.

Consider a company with recurring revenue contracts, software subscriptions, and payment processing agreements. If the owner forms a new entity and attempts to “transfer everything,” counterparties may require formal assignment, consent, or renegotiation, and some agreements will prohibit assignment without written approval. In regulated industries or licensing environments, the complications can multiply. In that context, the easiest way to move the business out of Wyoming is the method that avoids triggering assignment and consent requirements in the first place—precisely the continuity-oriented approach that redomestication is designed to deliver.

For business owners who want to protect their brand identity and reduce administrative churn, the easiest way to move a company out of Wyoming while keeping the FEIN and contracts is often the redomestication process.

Common misconceptions: why foreign registration or a merger is rarely the easiest path

One of the most persistent misconceptions is that the easiest way to move a business out of Wyoming is to register as a foreign entity in the new state and keep Wyoming as the domicile. Foreign qualification can be appropriate for a company that still meaningfully operates in Wyoming, but it is frequently inefficient where the company has permanently ceased operations there. The reason is structural: foreign registration is additive, not substitutive. It often requires the business to maintain ongoing filings, fees, and compliance obligations in Wyoming while also complying in the new state.

A second misconception is that a merger is the best “one-size-fits-all” tool to change domicile. Mergers can work, but they tend to increase legal complexity and cost, and they can create unintended tax and contractual issues when the structure is not carefully engineered. Where a statutory conversion is available, it is commonly the easiest way to move the business out of Wyoming because it avoids the unnecessary layers of documentation, entity creation, and post-merger clean-up that routinely accompany merger-based relocation strategies.

Finally, dissolution is frequently mistaken for a “clean exit.” Dissolving the Wyoming entity can be a serious mistake when the business intends to continue operating, because dissolution is not a relocation; it is an end. The better approach is to use a mechanism that transfers domicile while maintaining the same entity, the same compliance posture, and the same operational continuity.

Procedural considerations that require professional execution

Determining the easiest way to move a business out of Wyoming is not merely a matter of filing one form. A compliant redomestication requires correctly sequencing filings between Wyoming and the destination state, confirming statutory eligibility, and preparing conversion documentation that matches the entity’s capitalization and governance. For example, the entity’s governing documents may need to be updated to reflect the new state’s law, and ownership records should be consistent with what will be represented in state filings and in any future financing or due diligence.

Additionally, a prudent relocation plan addresses operational touchpoints that owners often overlook: updating registered agent arrangements, confirming that business licenses are properly re-issued or updated, verifying that bank and payroll profiles recognize the converted entity, and documenting continuity for counterparties when requested. These items are manageable, but they must be anticipated. The businesses that encounter delays are usually those that select an improvised approach and then attempt to retroactively fix inconsistencies after a state filing has already been made.

For owners seeking the easiest way to move their business out of Wyoming while minimizing compliance risk, engaging a redomestication-focused process is the most defensible course because it is designed to deliver predictable outcomes with minimal disruption.

Conclusion: the easiest way to move a business out of Wyoming is the method that keeps the business intact

In sophisticated legal and tax planning, “easy” should never mean “casual.” The easiest way to move a business out of Wyoming is the approach that achieves a lawful change of domicile while protecting continuity—preserving the FEIN, maintaining contractual relationships, and avoiding unnecessary administrative burden. Redomestication is built for that purpose, and it is therefore superior, in most circumstances, to foreign registration, merger structures, or dissolution-and-reformation strategies.

When properly handled, statutory conversion allows a business to exit Wyoming’s framework and align its legal home with its operational reality, without the costly and time-consuming ripple effects of creating a new company. For owners who prioritize continuity, compliance, and efficiency, the easiest way to move a business out of Wyoming is to redomesticate using the streamlined process outlined by Cummings & Cummings Law.

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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.

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