How to Convert Your Fintech LLC to C-Corp in Connecticut (2026)

As your Connecticut-based fintech LLC gains traction, converting to a C-Corp might become essential to attract investors and scale effectively. This guide outlines the process of converting your fintech LLC to a C-Corp in Connecticut, highlighting key considerations for 2026, including compliance, tax implications, and equity restructuring. Lovie's AI-powered platform can streamline this complex transition.

When to Convert

Conversion Steps

  1. LLC Dissolution Planning: Develop a detailed plan for dissolving your Connecticut LLC, including asset transfer, liability assignment, and member notification. Ensure compliance with Connecticut Limited Liability Company Act.
  2. Name Availability Check: Verify that your desired C-Corp name is available in Connecticut by checking with the Connecticut Secretary of the State's business registry. Ensure the name complies with state naming requirements.
  3. Draft Articles of Incorporation: Prepare and draft the Articles of Incorporation for your C-Corp, outlining the corporation's purpose, registered agent, authorized shares, and initial directors. Adhere to Connecticut General Statutes Chapter 602.
  4. File Articles of Incorporation: File the Articles of Incorporation with the Connecticut Secretary of the State. The filing fee for a C-Corp is $250 as of 2026.
  5. Obtain EIN: Apply for an Employer Identification Number (EIN) from the IRS. This is required for tax purposes and opening a corporate bank account.
  6. Adopt Corporate Bylaws: Create corporate bylaws that govern the internal operations of the C-Corp, including shareholder meetings, director responsibilities, and officer appointments.
  7. Transfer Assets and Liabilities: Officially transfer all assets and liabilities from the LLC to the newly formed C-Corp. This includes bank accounts, contracts, and intellectual property.

Start your formation with Lovie — $20/month, everything included.