Legal way to move a company out of New York

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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 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

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The legal way to move a company out of New York: why redomestication is the preferred mechanism

For owners and executives who have outgrown New York’s tax environment, regulatory posture, and litigation exposure, identifying a legal way to move a company out of New York is not a superficial administrative task; it is a high-stakes legal and compliance project. In practice, the objective is not merely “moving an office.” The objective is to change the entity’s state of domicile so that the company’s governing law, state-level filings, and long-term operational posture align with the jurisdiction in which the business intends to operate.

When clients ask for the most efficient legal way to move their company out of New York, the answer frequently turns on whether they can accomplish a statutory conversion—commonly referred to as redomestication. Properly executed, redomestication is designed to deliver continuity: the same company continues to exist, but under a new home state. For a direct, streamlined overview of the process, review a legal way to move a business out of New York through redomestication.

1) Redomestication preserves the company you already built

Any genuine legal way to move a company out of New York must address a central business reality: value is embedded in continuity. Customers, vendors, landlords, lenders, processors, and insurers generally expect to deal with the same legal entity they contracted with originally. Redomestication is compelling precisely because it is a change of domicile—not a liquidation-and-restart plan that forces operational disruption and counterparties’ re-approval.

In most circumstances, redomestication allows the business to retain key identifiers and relationships that owners underestimate until they attempt to “start over.” Those include the company’s existing contracts, its federal employer identification number (FEIN), and, in most cases, its name. The practical result is that the company keeps operating while the legal home state changes. To proceed with the legal route for moving an existing company out of New York, the focus should remain on preserving these continuity features rather than sacrificing them through unnecessary restructuring.

2) Exiting New York’s tax environment requires more than a mailing address change

From both a legal and accounting perspective, the most common misconception is that a company can “leave New York” by renting space elsewhere, updating a website, or appointing a registered agent in a different state. Those steps may be operationally important, but they are not, by themselves, a legal way to move a company out of New York in the sense that business owners usually intend. What business owners typically mean is: “How do we stop being a New York company?” That question is answered through the entity’s domicile, not its marketing materials.

Redomestication directly targets this issue by transferring the company’s home state from New York to a new state while keeping the entity intact. This is particularly important where the company has permanently ceased operations in New York and is not planning a return. In those circumstances, statutory conversion can be used to reduce the ongoing burden of New York-centric compliance expectations, while positioning the company for a more favorable go-forward posture. For a structured explanation of a legal way to relocate a New York company via redomestication, consult the firm’s redomestication overview.

3) Redomestication is typically superior to foreign registration for permanent relocations

Foreign registration (qualifying a New York entity to do business in another state) is often presented as the default option. However, foreign registration is not inherently a legal way to move a company out of New York; it is frequently a legal way to create dual obligations. When the business has truly relocated, foreign qualification can leave the company tethered to New York through ongoing filings, fees, and administrative exposure—often long after the company has stopped operating there.

By contrast, redomestication is built to accomplish what many owners believe foreign registration accomplishes: a clean transition of the company’s home state, without maintaining parallel identity and compliance burdens. That is why, where the company’s operations have moved in a meaningful, enduring way, statutory conversion is commonly the better mechanism. To evaluate a legal way to move your company out of New York without foreign registration baggage, begin with the redomestication process description and pricing flow.

4) Redomestication avoids the unnecessary complexity (and collateral damage) of mergers

A merger can be engineered to produce a similar economic destination, but it is often an inefficient way to accomplish a change in domicile. In practice, a merger introduces avoidable layers of documentation, third-party consent risk, and implementation friction—especially when the business does not otherwise require a merger for strategic reasons. For many organizations, it is difficult to justify a merger as the “best” legal way to move a company out of New York when the end goal is simply to keep the same entity and place it under a new state’s corporate law.

Redomestication is frequently the more disciplined approach because it is tailored to continuity. In a merger, owners may find themselves addressing issues that were never part of the relocation objective: assignments of contracts, lender approvals, collateral updates, customer notifications, and internal accounting complexity. Statutory conversion typically narrows the work to what matters: changing the domicile while preserving the existing entity, its FEIN, and its contractual framework. For a legal way to transfer a company’s home state out of New York with less complexity, redomestication is the recommended path in many fact patterns.

5) Dissolution is not a relocation strategy, and it is often a costly mistake

Another recurring misconception is that dissolving the New York entity and forming a new entity elsewhere is the cleanest approach. In reality, dissolution is usually not the most prudent legal way to move a company out of New York because dissolution ends the entity. That termination can trigger downstream problems that business owners do not anticipate: forced contract re-papering, new onboarding with vendors, disruptions to banking relationships, and avoidable delays in day-to-day operations.

More importantly, dissolution can create legal and tax friction that is entirely avoidable where a statutory conversion is available. Dissolution-and-reformation also tends to generate compliance gaps (for example, lapses in licensing, registration, or documentation continuity) that can be expensive to remediate after the fact. When the business is viable and ongoing, the better approach is typically to keep the entity alive and transfer its domicile through redomestication. To proceed with a legal way to move an existing New York business out of state while keeping it intact, statutory conversion should be evaluated first.

6) Procedural considerations that determine whether the move is truly “legal” and effective

A legal way to move a company out of New York must be both legally valid and practically effective. Validity depends on statutory eligibility and precise filings in the applicable jurisdictions. Effectiveness depends on proper implementation—ensuring the company’s internal governance documents, state registrations, and go-forward compliance posture align with the new domicile while also closing the loop on New York obligations where appropriate.

In execution, the critical considerations commonly include: confirming the entity type and whether it is eligible for statutory conversion; verifying good standing; preparing conversion documents with accurate entity identifiers; coordinating timing between the outbound and inbound states; and planning post-approval steps such as updating internal records and ensuring the company’s operational footprint matches its legal posture. These details are precisely why professional guidance matters. For a structured, attorney-led workflow, use a legal way to move a company out of New York through the redomestication filing process described by the firm.

7) The business case: improved climate, reduced administrative drag, and stronger continuity

Business owners do not pursue a legal way to move a company out of New York out of curiosity; they do so because the economic and operational downside of remaining a New York domiciled entity becomes material. A change in domicile is commonly pursued to reduce administrative drag, exit an unfavorable compliance posture, and align the governing law with a state that better supports the company’s long-term business model.

Redomestication is persuasive because it advances that business case without asking the company to sacrifice what it has already built. The company remains the same enterprise—preserving contracts, maintaining its FEIN, and, in most cases, keeping its name—while transitioning its legal home state. That combination of continuity and strategic relocation is why redomestication is frequently the best mechanism for organizations seeking a durable, defensible move. To begin, proceed to the legal way to move your company out of New York by redomesticating and follow the guided intake steps.

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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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