How to move my company out of New York

---

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 New York 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

How to move a company out of New York without disrupting operations

When business owners ask, in substance, how to move their company out of New York, they are rarely seeking a mere checklist. They are seeking a legally enforceable method to change the entity’s “home state” while preserving corporate continuity, reducing administrative friction, and minimizing avoidable tax consequences. In my capacity as an attorney and CPA, I view the question as a risk-management exercise: the goal is not simply to relocate, but to do so in a manner that protects contracts, banking relationships, vendor terms, licensing arrangements, and the company’s operating history.

For many existing LLCs, corporations, and partnerships, the most direct answer to how to move a company out of New York is redomestication (also referred to as statutory conversion), because it changes domicile without creating a new entity. That continuity is often decisive in practice. To evaluate whether this approach is appropriate, and to begin a compliant filing process, businesses should review how to move a company out of New York through redomestication and confirm the operational facts that support a clean exit from New York.

Why many businesses seek to move out of New York: taxes, compliance, and litigation exposure

The impetus behind how to move a company out of New York is frequently economic. New York’s overall tax environment and ongoing compliance expectations can be material, particularly where the company has grown beyond its initial footprint or has already shifted management, personnel, or revenue-generating activity to another state. While each business must analyze its own nexus profile, the practical reality is that maintaining New York as the domicile can impose annual filing obligations, fees, and exposure to New York-focused audits that would otherwise be reduced.

Equally important is legal predictability. New York is a sophisticated jurisdiction with a highly developed body of business law; however, sophisticated does not necessarily mean efficient or cost-effective for all companies. For certain entities, especially those that have effectively ceased operations in New York, continuing to be governed as a New York domestic entity can create procedural and litigation considerations that are disproportionate to the company’s current risk profile. In these circumstances, redomestication is frequently the cleanest strategy for addressing how to move a company out of New York while keeping the same operating enterprise intact.

Redomestication as the preferred answer to moving a company out of New York

Redomestication (statutory conversion) is, in many situations, the most efficient mechanism for resolving how to move a company out of New York because it is designed to transfer the entity’s domicile rather than replacing the entity. This distinction matters. Owners often assume relocation requires dissolving the existing company and forming a new one. That belief is not merely inconvenient; it can be costly, time-consuming, and disruptive to operations, particularly when the business holds permits, credit facilities, or contracts that reference the current legal entity.

By contrast, redomestication is structured to preserve continuity. Consistent with the redomestication framework described by the firm, the company generally maintains its existing federal employer identification number (FEIN), and it may also preserve its name and contractual relationships. That is precisely why businesses evaluating how to move their company out of New York should not default to dissolution or merger-based solutions before analyzing whether statutory conversion accomplishes the objective more cleanly.

For businesses that have already decided that New York is no longer the appropriate domicile, the most prudent next step is to engage a process built for continuity. A direct starting point is how to move your company out of New York with a redomestication filing, which outlines the approach and emphasizes preserving the enterprise rather than rebuilding it.

Key advantage: retaining contracts, FEIN, and—often—the company name

When advising on how to move a company out of New York, I focus first on what must not be broken. Commercial leases, vendor master agreements, software subscriptions, banking covenants, insurance applications, and customer contracts routinely reference the legal name and domicile of the entity that signed them. If an owner dissolves and reforms, the owner may inadvertently trigger consent requirements, assignment clauses, re-underwriting by lenders or insurers, or a forced renegotiation of terms. In practice, these “secondary” effects often exceed the time and cost of the state filings themselves.

Redomestication is superior specifically because it is engineered to preserve the identity of the operating business. Under the redomestication approach described by the firm, the company retains its FEIN, which is a foundational identifier for payroll accounts, information returns, and many banking and compliance processes. Additionally, in most cases, the company can continue using its existing name, which protects brand equity and mitigates the operational burden of re-papering contracts, onboarding new merchant accounts, and updating customer-facing documentation. In short, for owners asking how to move their company out of New York, continuity is not a “nice to have”; it is frequently the decisive legal and financial rationale for statutory conversion.

Common misconceptions about how to move a company out of New York

One recurring misconception is that foreign registration in a new state is the appropriate solution for how to move a company out of New York. Foreign qualification has its place when a company is expanding into another state while still operating meaningfully in New York. However, when the company has permanently relocated operations and intends to discontinue New York as its primary home state, foreign registration can become a long-term compliance trap. It may require ongoing dual filings and may not accomplish the owner’s principal objective: removing New York as the company’s domicile.

A second misconception is that a merger is the “professional” route. Mergers can be effective in certain transactions, but they often introduce complexity that is unnecessary when the goal is simply to move domicile. Merger-based strategies may also create additional documentation, more moving parts, and a higher likelihood of errors that must be cured later. Finally, dissolution is frequently suggested by non-specialists who underestimate the operational damage it can cause. Dissolution can lead to avoidable administrative shutdowns and, depending on facts and timing, complications that owners never intended when they initially asked how to move a company out of New York.

Procedural and governance considerations that should be addressed before filing

A sound plan for how to move your company out of New York begins with disciplined due diligence. The company’s governing documents (operating agreement, bylaws, shareholder agreements, and membership records) should be reviewed to confirm who has authority to approve a domicile change and what formalities are required. The company should also identify whether third-party consents are needed, such as lender approvals, landlord notifications, or regulatory updates. Addressing these items early reduces the risk of delays, rejected filings, or post-move disputes between owners.

It is also important to distinguish “domicile” from “doing business.” Even after completing the steps for how to move a company out of New York, a company may still have to address residual obligations in New York if it continues to have New York-based activity, employees, or other nexus-generating connections. Redomestication can be the proper legal mechanism to change the home state, but the business must still implement compliance hygiene: updating internal records, aligning payroll and HR administration, and ensuring the company’s public-facing and contractual posture accurately reflects the new domicile.

For owners who want an orderly, guided process rather than a piecemeal approach, the practical next step is to review how to move a company out of New York using the firm’s redomestication process and confirm readiness items before documents are submitted.

Why professional guidance is not optional in high-stakes relocations

Relocation is often marketed as a filing exercise. In practice, how to move a company out of New York is a coordinated legal-and-tax project with multiple stakeholders and downstream consequences. A common failure pattern is “DIY domestication”: the owner begins with incomplete guidance, makes an irreversible election, and later discovers that contracts, bank accounts, or registrations do not align with the new legal reality. Correcting those errors can cost more than doing it correctly at the outset, particularly if the business operates across multiple states or has a complex ownership structure.

Another risk is false economy through generic services. Redomestication requires tailored legal documents and competent execution across jurisdictions. It is not merely a form. Businesses benefit from a process that emphasizes continuity—keeping the same entity, the same FEIN, and the same operational relationships—while reducing the burdens of New York domicile. When the objective is to exit New York’s tax environment and compliance climate without disrupting the enterprise, the most defensible approach is typically a redomestication structured and executed by professionals who do this work routinely.

Conclusion: a disciplined approach to moving your company out of New York

For business owners evaluating how to move their company out of New York, the central question is not whether relocation is possible; it is whether relocation can be accomplished without collateral damage. Redomestication offers an unusually strong combination of continuity and efficiency: the entity remains the same enterprise, commonly retaining its FEIN, its contracts, and, in most cases, its name, while changing its home state. This is precisely why statutory conversion is often superior to foreign registration, merger, or dissolution when New York is no longer the appropriate domicile.

If your business has permanently shifted operations and you are prepared to pursue an orderly, legally compliant exit, the most direct next step is to initiate a redomestication plan that preserves what you have built. Begin with how to move a company out of New York via redomestication and proceed with the documentation and filings necessary to accomplish the move without interruption.

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