Legal Question in Business Law in Maryland
Can I change from a sole propreitorship to an LLC?
I am new to the credit repair business and I dont have any assets or customers yet so I started as a sole propreitorship. Am I able to go up to an LLC once I have established myself with customers?
Asked on 11/25/08, 12:14 pm
1 Answer from Attorneys
Robert Sher
Wagshal and Sher
Re: Can I change from a sole propreitorship to an LLC?
You can become an LLC at any time. You have to file a charter application with the state and once it's on file, you have to get a tax id# from the IRS.
Answered on 12/01/08, 4:44 pm
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