How To Convert an LLC into a Corporation

How To Convert an LLC into a Corporation

Many states offer statutory conversion allowing an LLC to convert to a C or S-Corporation by filing forms with the office of the Secretary of State. Once approved, LLC members become stockholders in the corporation, along with all previous assets and liabilities without the need for additional paperwork or filings. Generally, businesses need a new EIN and bank account when their ownership or structure has changed (i.e. LLC to Corporation).

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