Can I switch between an LLC and a corporation?

Asked 2 years ago

Choosing a business structure is often a decision that is made in the beginning when the owner forms the business. So what if my business needs changes once I have registered the business as an LLC instead of a corporation? Would switching from one entity to another be an issue, or is it not possible once you choose one of the others?

Llc Corporation Business structure

Jeremiah Armstrong

Monday, September 12, 2022

Converting from an LLC to a corporation is possible. Some states allow statutory conversions, where your business structure is changed automatically. Other states require you to form a corporation that will merge with the LLC. It can be a complicated process, but, in general, you must file paperwork with the appropriate state agencies. 