Answers

Transferring license from sole prop. to LLC

Asked by: Cathy  — 12 September, 2012

I will be leasing a room in a sap as an esthetician and applied for business license as a sole prop., but now realize I should form and LLC instead. How do I switch? Do I have to reapply and cancel sole prop. license and do I need shop/salon license? Form says do not fill out if forming an LLC, but think at some point, I would need to have that as well.

Answered by: admin  — 12 September, 2012

Cathy,

Generally licenses are not transferable from entity to entity, in this case from the sole proprietorship to the new LLC.

In some very specific cases, a license renewal application will allow you to change the entity. It depends on the terms of this specific license.

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