Legal Question in Business Law in Nevada

Transfer California S corp to Nevada

I have had a single share holder S corp in Calf. for about 10 years and did substantial business in Calif. The Calif. corp has assets and significant banking lines of credit. I have move my residence and business to Nevada. Is it possible to transfer the s corp. to Nevada and if so how do I accomplish the task?


Asked on 1/04/08, 8:15 pm

4 Answers from Attorneys
Joslyn LaMadrid Albright Stoddard Warnick & Albright

Re: Transfer California S corp to Nevada

There are a variety of tax-free devices that are available to transfer the corporation to Nevada. Please feel free to give me a call at your earliest convenience to discuss. Thanks.

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Answered on 1/05/08, 6:24 am
Joslyn LaMadrid Albright Stoddard Warnick & Albright

Re: Transfer California S corp to Nevada

There are a variety of tax-free devices that are available to transfer the corporation to Nevada. Please feel free to give me a call at your earliest convenience to discuss. Thanks.

Read more
Answered on 1/05/08, 6:24 am
Joslyn LaMadrid Albright Stoddard Warnick & Albright

Re: Transfer California S corp to Nevada

There are a variety of tax-free devices that are available to transfer the corporation to Nevada. Please feel free to give me a call at your earliest convenience to discuss. Thanks.

Read more
Answered on 1/05/08, 6:24 am
James Smith James E. Smith Ltd.

Re: Transfer California S corp to Nevada

Do a resolution to move the corporation to Nevada, then dissolve the California one and incorporate a Nevada one and file again for S status.

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Answered on 1/05/08, 11:11 am


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