CT Corporation facilitates a smooth transition
Choosing the right business structure matters. Whether you're operating as an LLC, a corporation, or another entity type, each comes with its own advantages and limitations. For instance, corporations often attract venture capital more easily than LLCs. The good news is that most states allow you to convert from one structure to another—and CT Corporation’s compliance experts are here to make that transition seamless. We know every state's rules inside and out, so you can move forward with confidence.
Frequently asked questions
-
Does converting a company have tax implications?Yes, there may be significant tax consequences, both at the time of conversion and going forward. For example, if you convert a corporation to an LLC, both the corporation and its shareholders may be taxed. It’s best to consult an accountant or tax advisor for advice on your particular situation.
-
Is an amendment different from a conversion?Yes, filing to convert your corporation or LLC to another business type (conversion) is a different process from changing the number, par value, or type of authorized shares, or the number of directors (amendment). Contact CT Corporation for assistance with a conversion or amendment.
-
Do I have to file for a conversion to change to or from an S Corporation?No, an S-Corporation is a special tax classification. Making an S Corporation election—or revoking one—requires a filing with the IRS, not the state. We’re available assist you with making an S Corporation election, though we recommend soliciting guidance from a tax professional as well.
Related insights
-
ArticleComplianceFebruary 04, 2026
Choosing an entity management system
A strong entity management system is essential for governance and compliance. Learn the three core areas to evaluate—support, data management, and usability—to choose a solution that strengthens accuracy, efficiency, and collaboration. -
ArticleComplianceOctober 06, 2025
DBA: Doing business under an assumed name (smart chart)
Explore our smart chart on DBAs (doing business under an assumed name) including when you would want a DBA, related statutes, filing procedures and more. -
ArticleComplianceAugust 29, 2025
How much do you know about agents for service of process?
It's highly recommended that business owners are prepared for lawsuits, both as the plaintiff and defendant. This involves knowing all about a service of process, which comes into play every time a lawsuit is filed. -
ArticleComplianceJuly 08, 2025
What happens when your business gets sued or otherwise served service of process?
As your business grows so does its chance of being involved in litigation. Read on to find out what happens if your company gets sued and the role of your Registered Agent in this process.
