Get advice, answers, and information

Can I Change My Business Entity to or from an LLC?

Changing business entity depends entirely on your state. Many states offer statutory conversion which is a simplified way to change your business’ entity. If statutory conversion is not available then statutory merger may be an option. Statutory merger ultimately accomplishes the same thing as conversion.

If neither option is available in your state the only way to change entity types is to liquidate assets and start again from scratch. This is an involved and potentially costly process--so be sure to check if your state offers statutory conversion or merger before settling on a business entity type.