Hannah R. asked
I own a travel company that operates online, providing downloadable trip itineraries and customization options without booking trips. I need to protect my company from liability regarding loss of money, injury, etc. My business is currently an LLC in Colorado, but I'm considering transitioning to a closed C-corp in Wyoming to qualify for QSBS tax exemption. What steps do I need to take to ensure I don't become personally liable and how do I legally transition from an LLC to a C-corp without compromising liability?
January 17th, 2023
Kenneth L. answered
To transition from an LLC to a C-corp, you need to file a Statutory Conversion with the Wyoming Secr...
January 17th, 2023
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