[NY] How do I transfer ownership of a single-member LLC?
Trying to transfer ownership of a single-member LLC in NY. What forms are needed?
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The Certificate of Amendment would be used to change ownership; it is then filed with the Secretary of State’s office. Also, even if keeping the same name, the LLC would require a new EIN. Does that make sense?
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Trying to transfer ownership of a single-member LLC in NY. What forms are needed?
Lexi, Chatbot
I understand you're looking to transfer ownership of a single-member LLC in NY. Have you already identified the new owner?
Yes.
Lexi, Chatbot
Are there any specific reasons or circumstances prompting this ownership transfer that the lawyer should be aware of?
No.
Lexi, Chatbot
Is there anything else the lawyer should know before I connect you?
No.
Elizabeth
Hi there! I’m Liz — I’ve been an attorney for more than a decade and I’m here to assist. So I can best help, is the transfer due to a sale?
No.
Elizabeth
Would it remain an LLC?
Yes.
Elizabeth
The Certificate of Amendment would be used to change ownership; it is then filed with the Secretary of State’s office. Also, even if keeping the same name, the LLC would require a new EIN. Does that make sense?
Yes — I wanted to make sure I was filling out all the proper forms.
Elizabeth
Perfect. What all are you filing?
Ownership and address.
Elizabeth
Are you filing a Certificate of Amendment?
Yes.
Elizabeth
That would usually be all that is required to make changes with the state.
Thank you. I will fill it out, file it, and obtain a new EIN.
Elizabeth
You're very welcome. Is there anything else I can clarify?
No, I think I have it. You have a good night — thank you.
Elizabeth
You're very welcome. Have a wonderful night.
Elizabeth
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