What are Transfers and Conversions?
As with certain business, there may come a time where the business will change states of incorporation or convert to a different to take advantage of certain protections afforded under the structure. The state and/or conversion may be necessitated by changes in circumstances of the company such as the need to move the headquarters or the manner in which the company is run. Irrespective of what decision is made with respect to the business, having documentation to memorialize the transaction is essential.
- Any business owner looking to sell or purchase a business.
- Perhaps a business is dissolving or being placed under new managment.
- Any business merging with another company.
Any business owner looking to transfer or convert a business. Perhaps a business is transferring from state of incorporation to another or being converted from an S-corporation to an LLC.
Approximately 4-5 business days*
*Depending on Specifications
Why our firm?
Transferring or converting a company is an involved process requiring a number steps to ensure the transaction occurs properly. THerefore, it is essential you have an attorney guiding through these important steps so as to properly transfer or convert the company. As a primary concentration of our Firm, we take great pride in preparing all the necessary documents needed to consummate the transfer or conversion of companies. Additionally, we review the terms of the particular transaction to determine whether or not additional documentation is necessary such as paying off of fines.