Legal Question in Business Law in Nevada

Transfer California S corp to Nevada
I have had a single share holder S corp in Calf. for about 10 years and did substantial business in Calif. The Calif. corp has assets and significant banking lines of credit. I have move my residence and business to Nevada. Is it possible to transfer the s corp. to Nevada and if so how do I accomplish the task?

Asked on 1/04/08, 8:15 pm

4 Answers from Attorneys

Joslyn LaMadrid Albright Stoddard Warnick & Albright

0 users found helpful

0 attorneys agreed

Re: Transfer California S corp to Nevada

There are a variety of tax-free devices that are available to transfer the corporation to Nevada. Please feel free to give me a call at your earliest convenience to discuss. Thanks.

Answered on 1/05/08, 6:24 am

Mark as helpful

Joslyn LaMadrid Albright Stoddard Warnick & Albright

0 users found helpful

0 attorneys agreed

Re: Transfer California S corp to Nevada

There are a variety of tax-free devices that are available to transfer the corporation to Nevada. Please feel free to give me a call at your earliest convenience to discuss. Thanks.

Answered on 1/05/08, 6:24 am

Mark as helpful

Joslyn LaMadrid Albright Stoddard Warnick & Albright

0 users found helpful

0 attorneys agreed

Re: Transfer California S corp to Nevada

There are a variety of tax-free devices that are available to transfer the corporation to Nevada. Please feel free to give me a call at your earliest convenience to discuss. Thanks.

Answered on 1/05/08, 6:24 am

Mark as helpful