How to Convert Your Coaching LLC to C-Corp in Delaware (2026)
As your coaching practice grows, the LLC structure that once suited your needs might start to feel limiting. Converting your coaching LLC to a C-Corp in Delaware can unlock significant advantages, especially as you scale your business, attract investors, and optimize your tax strategy. Delaware, known for its business-friendly environment and the Court of Chancery, provides a solid foundation for C-Corps. This guide outlines the key steps and considerations for converting your coaching LLC to a C-Corp in Delaware by 2026. Let Lovie handle the complexities of the conversion, so you can focus on scaling your coaching empire.
When to Convert
Conversion Steps
- Assess Your Current Situation: Review your LLC's operating agreement, financial statements, and legal obligations to understand the implications of converting to a C-Corp. Determine if the conversion aligns with your long-term business goals.
- Develop a Conversion Plan: Outline the steps required for the conversion, including legal, financial, and operational considerations. Define the new C-Corp's structure, including authorized shares and initial shareholders.
- Approve the Conversion: Obtain approval from all LLC members, as required by your operating agreement and Delaware law. Document the approval process in meeting minutes.
- File Certificate of Incorporation: File a Certificate of Incorporation with the Delaware Secretary of State, officially creating the C-Corp. This requires providing information about the corporation's name, registered agent, authorized shares, and incorporators. The filing fee is $89 in 2026.
- Obtain an EIN: Apply for a new Employer Identification Number (EIN) from the IRS for your C-Corp. This is required for tax purposes and to open a bank account in the corporation's name.
- Transfer Assets and Liabilities: Transfer all assets and liabilities from the LLC to the C-Corp. This includes bank accounts, contracts, intellectual property, and any outstanding debts.
- Update Licenses and Permits: Update all licenses and permits to reflect the C-Corp's name and EIN. This includes business licenses, professional licenses (if applicable to your coaching niche), and any other relevant permits.
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