Redomestication: move your company to a new home state
If your entity no longer needs its current home state, you don't have to dissolve and start over. A statutory conversion moves the same company — EIN, history, bank accounts, contracts — to a new state of formation. We file both ends of the move.
What redomestication does
Companies often outgrow the reasons they chose a formation state — the investors who wanted a particular jurisdiction, an ownership structure that changed, or annual costs that no longer buy anything the business uses. Redomestication (your state may call it conversion or domestication) changes the state of formation while the entity itself continues uninterrupted. There is no new EIN, no asset transfer, and no break in the corporate history.
The Delaware LLC example
Delaware raised its LLC annual tax from $300 to $400 beginning with tax year 2026 (first due June 1, 2027). Delaware remains the right home for many companies — its Court of Chancery and body of business case law are why investors often expect it. But an LLC that isn't using those features pays the same $400 every year. Wyoming's comparable obligation is an annual report with a fee of about $60 — a difference of roughly $340 a year, every year. That math is why Delaware-to-Wyoming is the most common move we're asked about; the same process works between any two states that authorize it.
How the process works
- Confirm both states allow it. The exiting and receiving states must each authorize conversion for your entity type. We check before anything is filed.
- Approve the plan. Most states require a plan of conversion approved by the members or shareholders — your attorney prepares or reviews this internal step.
- We file the exit. The departing state's filing — in Delaware, a certificate of conversion — formally ends the entity's domestication there.
- We file the continuance. The receiving state's articles of domestication or conversion (with new formation articles where required) continue the entity in its new home, with the filings coordinated so there is no gap.
- We cover the registered agent. Your new state requires one from day one — InCorp serves all 50 states, D.C., Puerto Rico, and the U.S. Virgin Islands.
- Post-move cleanup. Foreign qualifications, licenses, and state tax accounts may need updating — we can handle the filings your situation requires.
Whether to redomesticate — and its tax and legal consequences — is a decision to make with your attorney and tax advisor. InCorp is not a law firm and neither InCorp nor its employees provide legal services or legal advice; we prepare and file the documents once you've decided.