Legal way to move a company out of Minnesota

---

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 Minnesota 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 legal way to move a company out of Minnesota begins with a change of domicile, not a reinvention

When clients request a legal way to move a company out of Minnesota, they often assume the only practical path is to form a new entity in the destination state and then “transfer everything over.” That assumption is not merely inefficient; it is frequently the most disruptive option available because it invites avoidable contract issues, banking interruptions, and tax administrative burdens. A properly executed redomestication, also known as statutory conversion, is designed to accomplish the relocation of an existing entity’s home state while preserving operational continuity.

As an attorney and CPA who routinely evaluates these moves from both a legal and compliance perspective, I view the legal way to move a company out of Minnesota as a matter of risk management. The objective should be to reduce exposure to unnecessary filings, duplicative compliance, and inadvertent tax consequences. Redomestication achieves that objective by allowing the entity to continue as the same company—typically retaining its federal employer identification number (FEIN), contracts, credit history, and, in most cases, its name.

For business owners seeking to exit the Minnesota tax environment and business climate while maintaining momentum, the most disciplined next step is to evaluate redomestication as the central strategy. For details on the process and pricing, review a legal way to move a company out of Minnesota through redomestication.

1) Why exiting Minnesota’s tax environment can be a strategic business decision

A common business objective behind a legal way to move a company out of Minnesota is to reduce ongoing state-level costs and complexity. Owners frequently focus on the headline issue—state income tax—but the day-to-day drain is often broader: filing obligations, apportionment questions, and the administrative friction that comes with maintaining compliance in a state where the company no longer meaningfully operates.

Redomestication supports that objective by changing the entity’s home state, which can be a decisive step when the business has permanently relocated its operations. Proper planning matters. The question is not simply where the owners reside, but where the company conducts business, maintains employees, serves customers, and otherwise establishes nexus. The legal way to move a company out of Minnesota must be implemented with a full understanding of how the company will discontinue Minnesota operations and avoid lingering compliance ties.

Owners also routinely underestimate the cost of “doing nothing” after a move. Continuing to maintain a Minnesota entity while operating elsewhere can create ongoing Minnesota registration renewals, state filings, and the perception of continued Minnesota presence. If your goal is an orderly exit with minimized administrative drag, a legal way to move a company out of Minnesota without forming a new entity is commonly accomplished through redomestication.

2) The legal way to move a company out of Minnesota is to preserve continuity: FEIN, contracts, and operations

The single most important misconception I encounter is the belief that a business “must” dissolve in Minnesota to relocate. Dissolution is a termination event; it is not a relocation tool. By contrast, the legal way to move a company out of Minnesota through redomestication focuses on continuity: the company remains the same entity, simply governed by a new state’s laws as its domicile changes.

This continuity is not a minor convenience. It is a substantive legal and operational advantage. Businesses frequently have vendor agreements, customer contracts, leases, loan covenants, licenses, insurance policies, and platform-based accounts that reference the entity’s identity. The more a company “starts over,” the more these relationships must be re-papered or re-approved. Redomestication generally avoids that disruption because it is not creating a brand-new company; it is moving the existing company’s home state.

Similarly, retaining the same FEIN is a critical benefit. A legal way to move a company out of Minnesota that preserves the FEIN reduces the likelihood of payroll, banking, and vendor reporting disruptions. It also mitigates the compliance noise that occurs when a business forms a replacement entity and then must explain entity changes across agencies, counterparties, and internal systems. To pursue the legal way to move a company out of Minnesota while keeping your FEIN, redomestication is the preferred mechanism described here.

3) Why redomestication is superior to foreign registration for companies leaving Minnesota

Foreign registration is widely misunderstood. Registering as a “foreign” entity in a new state can be appropriate when a company will remain substantively active in Minnesota while expanding elsewhere. However, for a company that has permanently moved operations and intends to discontinue Minnesota activity, foreign registration can become a costly compromise: you may still maintain a Minnesota domestic entity and then add an additional registration layer in the new state.

From a compliance standpoint, that two-state posture can create exactly what owners are trying to avoid: duplicated annual obligations, inconsistent state correspondence, and more opportunities for inadvertent noncompliance. In addition, foreign registration does not accomplish the central objective behind a legal way to move a company out of Minnesota, which is to change the company’s home state and reduce the need to maintain Minnesota domestication-related obligations after the relocation is complete.

Redomestication addresses this problem directly. It is structured to transfer domicile, thereby positioning the company to operate from the new home state without the default expectation of maintaining Minnesota domestication for a business that has permanently exited. For owners evaluating a legal way to move a company out of Minnesota instead of foreign registration, the practical difference is whether you are building a long-term two-state compliance footprint or intentionally consolidating your legal home.

4) Why mergers and “new entity plus asset transfer” plans are commonly overbuilt and risky

Another frequent proposal is a merger into a newly formed entity in the destination state. In theory, mergers can accomplish relocation. In practice, they can introduce unnecessary legal complexity, higher professional fees, and more points of failure. A merger typically requires careful attention to governing documents, member or shareholder approvals, and detailed filings and plan documentation—along with the possibility of unintended consequences if the transaction is not perfectly executed.

Even more common is the informal “new entity plus asset transfer” approach. Owners create a new LLC or corporation, then attempt to move contracts, assets, employees, and accounts into it. This is where real-world risk accumulates. Contracts may contain anti-assignment clauses. Leases may require landlord consent. Financing agreements may treat the move as a default or require new underwriting. Banking relationships may require new onboarding, revised resolutions, and refreshed beneficial ownership documentation. A legal way to move a company out of Minnesota should reduce these risks, not multiply them.

Redomestication is persuasive precisely because it is usually simpler: it avoids building a second company that must be populated with transferred assets and re-signed agreements. If your strategic intent is to relocate without operational interruption, the legal way to move a company out of Minnesota via redomestication is designed to preserve the company as the same enterprise while achieving a new domicile.

5) Procedural considerations and common compliance traps when relocating out of Minnesota

A legal way to move a company out of Minnesota must be implemented with procedural discipline. The central legal work is the statutory conversion (redomestication) filings, but the practical work extends beyond that: corporate records, internal authorizations, and post-approval compliance steps must align with the company’s ongoing operations. Inadequate planning can lead to a “successful” filing that still leaves the company exposed to avoidable friction with banks, counterparties, or state agencies.

For example, businesses frequently forget that operations and nexus drive ongoing tax obligations. Simply moving the domicile does not automatically eliminate Minnesota tax issues if the company continues to have employees, property, or sustained revenue-generating activity in Minnesota. Another common trap is assuming that dissolving in Minnesota is equivalent to relocating; dissolution ends the entity and can convert a relocation objective into a wind-down event. By the time owners discover the downstream consequences, the fix often requires extensive corrective work.

The most responsible approach is to treat the legal way to move a company out of Minnesota as a coordinated legal-and-compliance project: confirm the company’s plan to discontinue Minnesota operations, select a destination state strategy consistent with long-term goals, and execute a redomestication that preserves continuity while reducing administrative burden. For a structured overview, consult the legal way to move a company out of Minnesota with redomestication.

Conclusion: redomestication is the most efficient legal way to move a company out of Minnesota

For established businesses, the best relocation strategy is rarely the most dramatic. The goal is continuity with improved positioning: a stronger legal home state, reduced Minnesota-centered administrative drag, and minimal disruption to contracts, banking, and tax reporting infrastructure. Redomestication is specifically structured to meet that goal by transferring domicile while preserving the company’s identity, including its FEIN, its contractual relationships, and, in most cases, its name.

Accordingly, when evaluating a legal way to move a company out of Minnesota, redomestication should be treated as the default option to analyze first, not an obscure alternative. Foreign registration may keep you tied to dual compliance. Mergers and replacement-entity strategies often introduce avoidable complexity and operational risk. Dissolution is typically a mistake when the true objective is relocation and continuity.

To proceed with a compliant, continuity-preserving plan, review a legal way to move a company out of Minnesota using redomestication and implement the process with appropriate professional guidance.

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