How to Convert Your Freelancing LLC to C-Corp in Connecticut (2026)
As your freelancing business in Connecticut grows, you might consider converting your LLC to a C-Corp. This guide outlines when and how to make the switch, covering key considerations specific to freelancers in CT, and highlighting how Lovie can streamline the entire process.
When to Convert
Conversion Steps
- Assess Your Business Needs: Evaluate whether the benefits of a C-Corp outweigh the costs and complexities for your freelance business. Consider your growth plans, funding needs, and tax situation.
- Choose a Corporate Name: Select a unique name for your C-Corp that complies with Connecticut's naming requirements. Check name availability with the Connecticut Secretary of the State.
- File Certificate of Incorporation: File the Certificate of Incorporation with the Connecticut Secretary of the State. This document officially creates your C-Corp. The filing fee is $250.
- Draft Bylaws: Create corporate bylaws that outline the rules and procedures for governing your C-Corp. This includes details on shareholder meetings, director responsibilities, and officer roles.
- Issue Stock: Issue shares of stock to the initial shareholders of the C-Corp. This formalizes ownership and outlines the equity structure of the company.
- Obtain an EIN: Apply for an Employer Identification Number (EIN) from the IRS. This is your C-Corp's tax ID number and is required for opening a bank account and paying taxes.
- Transfer Assets and Liabilities: Transfer all assets and liabilities from your LLC to the newly formed C-Corp. This may involve transferring bank accounts, contracts, and other business agreements.
Start your formation with Lovie — $20/month, everything included.