Legal Question in Business Law in New Jersey

Llc over existing company

i have an ongoing sole proprieter skin care business. i wish to make it an single owner LLC. can you tell me if i have to start the company over with a new federal id number and i gas also must i register the new number with the state (nj)payroll agencies. thank you

could keep same company going

and just change it to single owner LLC or do I have to

start company over with new

bank accounts and such


Asked on 10/05/06, 10:01 am

2 Answers from Attorneys
John Corbett Corbett Law Firm LLC

Re: Llc over existing company

The LLC will be a separate legal entitly and needs to be treated as such.

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Answered on 10/05/06, 1:16 pm
Philip Burnham, Esquire Burnham Law Group, LLC.

Re: Llc over existing company

This isn't all that complicated, but you should get both legal assistance and accounting help from an accountant. I can help with both.

Please call my office if you would like to schedule an appointment either in person or by telephone. My contact information is listed in the links below. Let my secretary know you found me through LawGuru, and I will give you a free initial consultation.

Disclaimer: You can not rely on the advice of an attorney given over the internet. The exact facts of your situation, including facts which you have not mentioned in your question, may completely change the result for your situation.

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Answered on 10/10/06, 9:13 am


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