Legal Question in Employment Law in Delaware

I have a corporation in NYS since 2005. It was working for few years and has been active but shelved. I want to Open up a LLC or S. Corp in Delaware and change the ownership of the NYS S.corp from my personal name to Delaware Entity. Transportation Business - Business will be operated in NYS. I just need more clarification whether I am making the right move. If yes, then how is going to benefit me, and in which department..Labor - taxation ?? If No, Why is it not a good idea ?

I would appreciate if I can get a solid response on this. Thank you.


Asked on 10/30/13, 1:46 pm

1 Answer from Attorneys

Unfortunately without being retained and reviewing specific information concerning the existing company, the tax position and the desired goals for the new entity, the question cannot be answered.

My office has a special offer for LawGuru users where we can conduct a limited review of the matter at $99. To take advantage of this limited offer please go to:

http://thelegalist.wix.com/roman-fichman-esq-and-assoc/lawguru

Disclaimer: This post has been written for educational purposes only and was not meant to be legal advice and should not be construed as legal advice or be relied upon. No intention exists to create an attorney-client relationship or any other special relationship or privilege through this post. The post may contain errors, inaccuracies and/or omissions. You should always consult an attorney admitted to practice in your jurisdiction for specific advice. This post may be deemed as Attorney Advertising.

Read more
Answered on 10/31/13, 10:41 am


Related Questions & Answers

More Labor and Employment Law questions and answers in Delaware