How Much Does It Cost to Transfer an LLC to Another State? A Complete Guide
If you’re relocating and want to take your LLC with you, you’re likely wondering how much it will cost. The answer depends on how you transfer the LLC and the states involved. This guide breaks down the cost of transferring an LLC, compares the options, and highlights key considerations to help you make the best choice.
Do You Have to Transfer an LLC to a New State?
Not always. If you’re still doing business in your original state, you might not need to move the LLC at all. However, if you plan to stop operations in the old state and start fresh in the new one, transferring or reestablishing your LLC is often necessary.
3 Ways to Transfer an LLC to Another State (And Their Costs)
1. Domestication (Statutory Conversion)
This allows you to officially “move” your LLC from one state to another.
- Availability: Only allowed in certain states (e.g., CA, FL, TX, CO, NV)
- Costs:
- New State Domestication Fee: $100 – $300
- Old State Dissolution Fee: $50 – $200
- Legal/Service Fees (if applicable): $200 – $1,000+
- Total Estimate: $250 – $1,500
Pros: Keeps your EIN, bank accounts, and business history
Cons: Not available in all states; legal help may be needed
2. Form a New LLC and Dissolve the Old One
You create a new LLC in your new state and officially shut down the one in the previous state.
- Costs:
- New State LLC Formation: $50 – $500
- Old State Dissolution Fee: $50 – $200
- Registered Agent (optional): $100 – $300/year
- Total Estimate: $100 – $700
Pros: Clean start in the new state
Cons: New EIN, new bank accounts, potential brand/logistics issues
3. Foreign Qualification
You register your current LLC as a foreign entity in the new state.
- Costs:
- Foreign Qualification Filing: $100 – $750
- Registered Agent in New State: $100 – $300/year
- Annual Reports in Both States
- Total Estimate: $200 – $1,000+ annually
Pros: Operate legally in both states
Cons: You must comply with rules and fees in both states
Other Expenses to Consider
- Business Licenses or Permits: May need to reapply in the new state
- Name Availability: You might need to tweak your LLC name if it’s taken
- Tax and Franchise Fees: Some states (like CA or DE) charge annual fees for LLCs
Which Option is Most Affordable?
- Cheapest: Forming a new LLC (if you’re okay with a fresh start)
- Most efficient (long-term): Domestication (if available)
- Most flexible: Foreign qualification (if you’ll operate in both states)
Final Thoughts
Transferring your LLC to another state doesn’t have to be overwhelming. Understanding your options—and their costs—can help you choose the path that’s best for your business goals and budget.
If you’re unsure about the right move or want help filing, consider consulting a legal or financial advisor.
Need Help Transferring Your LLC?
Contact My Advisers for expert assistance with LLC filings, business transitions, and compliance services across India and the U.S.
- Website: https://myadvisers.net
- Email: 4myadvisers@gmail.com
- WhatsApp: +91 8250452257
