I currently have an llc in the state of CT, and I will be moving to Florida shortly. I would like to know if the llc can be transferred and how much it will cost.

Answer

I’m assuming that the CT llc’s business will be operated in Florida once you move.

If the business is not being operated in the new state (for example, the CT LLC owns a piece of real estate in CT that obviously will remain in CT after you move) then you need to change nothing. There is nothing preventing a Florida resident from owning stock in a CT LLC or corporation.

On the other hand, if the LLC is actually going to be operating in Florida, then you’ll need to get the CT LLC qualified as a “foreign corporation” in Florida. So you wouldn’t be transferring from Connecticut to Florida so much as becoming a Florida AND Connecticut LLC.

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