Call Us Now: +1 (877) 330-2677 Live Chat: ONLINE NOW            
https://d25eic0jctudgb.cloudfront.net/images/site/general/answers-to-answers-8743d0241f5d8c2c996225efe2063f89
https://d25eic0jctudgb.cloudfront.net/images/site/headlines/articles.jpg-5fa541d76bf4be9016b1176147b3bc96

New York-based LLC (single member) now in New Jersey?

Asked by: Victoria - 11 August, 2012
https://d25eic0jctudgb.cloudfront.net/images/site/avatars/default.png-f1597c1da25f30f8c1a941405e8391c8 I opened a single member New York LLC in 2010 and recently moved to New Jersey but most of my work is still New York. If I want to be ale to receive the tax incentives of commuting and all the expenses that come along with moving out of state, what are my options? I am getting conflicting answers from both states; NY says I must dissolve, reopen in NJ and then apply for the right to do buisness back in NY - alot of wasted money and paperwork. NJ states all I need to do us file for the right to be a foreign entity and submit a certificate of good standing. What are my best options?
Answered by: Robert Kowalski - 11 August, 2012
https://d25eic0jctudgb.cloudfront.net/images/site/avatars/35.jpg-687fc92d5f6c5febcbdccb6895b08b8c Dear Victoria,

Curiously, both solutions are completely legitimate, although I don't understand why New York authorities offered you the solution they offered.

In the end, whether you follow the NY advise or NJ advise, you will get more or less the same result - a company authorized to do business in both states. Of course, just foreign qualifying your company in NJ would be much cheaper and faster, and that's what I would opt for.

We Want To Connect With You!

Social Media is increasingly the preferred method for businesses to connect with their clients, peers and customers. We are dedicated to share information and useful tools to help you grow your business.

Like us on Facebook, follow us on Twitter, and let's begin the exchange to Help Grow America One Business at a Time - starting with yours!

https://d25eic0jctudgb.cloudfront.net/images/site/general/payment-methods-footer-052a63251a379d6e5ece1801f07470fc Official PayPal Seal SecurityMetrics for PCI Compliance, QSA, IDS, Penetration Testing, Forensics, and Vulnerability Assessment