I currently have a LLC that is registered in New Jersey, but Iâm moving to Maryland. What steps need to be taken to transfer the business from NJ to MD? Any help would be appreciated.
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There is no need to transfer the LLC. 1,000s of LLC are formed in the State of Delaware and do business in every other state BUT Delaware. When you go to Maryland simply register the LLC as a foreign LLC operating in MD and you can leave the LLC in NJ. You do not have to have the LLC formed in the state you do business in (again, Delaware). But if you do business in a state outside of where the LLC is registered, you simply have to get a license from the State to do business as a foreign entity (foreign meaning outside the state, not outside the U.S.). Go look up the Maryland State website on corporations and LLCs and you will find a lot of info. You do not need to move the LLC.
Makes sense. But my official business address in my home address. I guess I have to find a regis. agent in NJ?? I guess there is services that would do this for me for a small fee??
Yeah you will need a registered agent perhaps in NJ which is fine. Lots of places on the web you can find who will do this for like $100 a year registered agent fee. Official address for NJ can be the registered agent and your place of business will be your MD address. Just ype in Registered Agent in google and NJ and you will find what you need easily.