Discussion:Changing from DE corp to VA corp
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Discussion Forum Index --> Advanced Tax Questions --> Changing from DE corp to VA corp
Discussion Forum Index --> Tax Questions --> Changing from DE corp to VA corp
Www.cpa1.biz (talk|edits) said: | 11 June 2009 |
| Alamanacers,
I have a client who owns a C corp and set up the articles in Deleware. They are Virginia based and there was not real reason to set up the C Corporation in DE. They just thought this was the best place since a lot of big corporations do it there. They want to switch it to VA. Is this as easy as just setting up a corp in VA. Does this effect the EIN number? Please advise what you have seen. | |
RoyDaleOne (talk|edits) said: | 11 June 2009 |
| http://www.irs.gov/businesses/small/article/0,,id=98011,00.html | |
| June 11, 2009 | |
| You just move it. It's called an F Reorg I believe. Same corp, change of address basically, but an attorney has to get the job done. Doesn't affect us on the accounting/tax side. | |
RoyDaleOne (talk|edits) said: | 11 June 2009 |
| From the IRS Web Site
Corporations You will be required to obtain a new EIN if any of the following statements are true. A corporation receives a new charter from the secretary of state. You are a subsidiary of a corporation using the parent's EIN or you become a subsidiary of a corporation. You change to a partnership or a sole proprietorship. A new corporation is created after a statutory merger. You will not be required to obtain a new EIN if any of the following statements are true. You are a division of a corporation. The surviving corporation uses the existing EIN after a corporate merger. A corporation declares bankruptcy. The corporate name or location changes. A corporation chooses to be taxed as an S corporation. Reorganization of a corporation changes only the identity or place. | |
