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[NY] [NY] Which form is used to transfer ownership of an LLC?

Trying to transfer ownership of a single-member LLC in NY. What forms are needed?

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Liz
Liz

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Would you be adding members or just transferring to another person?

The Articles of Amendment would be used to change ownership. It is then filed with the Secretary of State's office. Also, the LLC, even if keeping the same name, would require a new EIN.

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Trying to transfer ownership of a single-member LLC in NY. What forms are needed?

AI

I understand you're looking to transfer ownership of a single-member LLC in NY. Have you already identified the new owner of the LLC?

Yes

AI

Are there any specific reasons or circumstances prompting this ownership transfer that the Lawyer should be aware of?

No

AI

Is there anything else the Lawyer should know before I connect you? Rest assured they'll be able to help with LLC ownership transfer.

No

Liz

Hi there! My name is Liz and I’ve been an attorney for more than a decade, and I am here to assist with your legal concerns.

So I can best help, is the transfer due to a sale?

No

Liz

Thank you for sharing that. Would it be remaining an LLC?

Yes

Liz

Would you be adding members or just transferring to another person?

The Articles of Amendment would be used to change ownership. It is then filed with the Secretary of State's office. Also, the LLC, even if keeping the same name, would require a new EIN.

Liz

Does that make sense?

Yes, I wanted to make sure I was filling out all the proper forms.

Transferring to one person

Liz

Perfect. Are you filing Articles of Amendment?

Yes

Liz

That would be all that is usually required to make changes with the state.

Thank you. I will fill it out, file it, and obtain a new EIN.

Liz

You're very welcome. Is there anything else I can clarify?

No, I think I have it. You have a good night. Thank you.

Liz

You're very welcome. Have a wonderful night.

Liz

Liz

41,505 satisfied customers

Liz
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