Mine is a "C" corporation and i want to disolve it and form a new either 'S" corporation or a bussiness LLC. How do you suggest i should do. I want to keep the name of the corporation and the dba name also. My corporation has licence of Real Estate brokerage ( Just one man show as president) and i am paying double taxes as such. Please advise how to proceed without loosing the corporation name which is known to my clients since many years and the department has given licenses. Thank you.
Thank you for your question.To answer your question, I really do not see why you would need to 'dissolve' the corporation. What you would need to do is speak with your accountant OR file for an amendment by going directly to the Secretary of State Division of Corporations at http://www.sunbiz.org/. The state of Florida permits you file directly via the site, and you go ahead and file the next step for the S-Corp via the proper forms (because to file for an S-Corp you have to have a working C-Corp first anyway). You can review the filing fee schedules here: http://www.sunbiz.org/filefee.html Please let me know how else I can assist you.
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My part of question was if i change to S corporation or LLC can i keep the name of the corporation and the dba name and i am not going to loose these names.
Thank you for your follow-up.If you are changing yourself from a "C" corp to something else, the name itself may not change, but the name of the company has to change. You cannot advertise yourself as a C Corporation if you are no longer a C. For example if your name was ABC, Inc., you cannot be "Inc." anymore, but you can be ABC, LLC, or ABC, Corp.Good luck.Dimitry Esquire41092.8807800579
does this mean i have to inform the department of regulations about change from C corporation to S corporation. IS this normally allowed ?
Thank you for your follow-up.Yes, you would have to inform the proepr departments of the name change, and yes, such a change is permitted. The way you file your taxes and how your business structure is set up does not change what business you perform, so that should not make difference.Good luck.Dimitry Esquire41092.8847454051
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