Can An LLC Be Converted Into A Corporation

Can An LLC Be Converted Into A Corporation

Yes. Most states allow LLCs to be converted to a corporation by the simple filing of documents with the state, these documents essential merge the two entities into one. At the time of the conversion the LLC by operation of law becomes a corporation and, therefore, the owner of all the assets, liabilities and obligations of the LLC. That form is offered by the state of incorporation and not federally (i.e. IRS).