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

As your HealthTech LLC in Connecticut gains traction, converting to a C-Corp might become strategically advantageous by 2026. This guide outlines the process, tax implications, and key considerations for HealthTech companies making this transition in CT. Lovie's AI-powered platform can streamline this complex conversion process, ensuring accuracy and compliance every step of the way.

When to Convert

Conversion Steps

  1. Assess Your Current LLC Structure: Review your Connecticut LLC's operating agreement, member agreements, and financial records to understand the current ownership structure and any potential implications of conversion.
  2. Adopt a Plan of Conversion: Create a formal plan outlining the terms of the conversion, including the exchange of LLC membership interests for C-Corp shares. This plan needs to be approved by the LLC members according to Connecticut law.
  3. File Articles of Incorporation in Connecticut: File the Articles of Incorporation with the Connecticut Secretary of State to officially create the C-Corp. The filing fee is $250 as of 2024, but confirm rates for 2026. Include the corporate name, registered agent information, and authorized shares.
  4. Obtain an EIN from the IRS: Apply for a new Employer Identification Number (EIN) from the IRS for your C-Corp. This is required for tax purposes and to operate as a separate legal entity.
  5. Transfer Assets and Liabilities: Officially transfer all assets and liabilities from the LLC to the newly formed C-Corp. This includes bank accounts, contracts, intellectual property, and any outstanding debts.
  6. Issue Stock Certificates: Issue stock certificates to the former LLC members, reflecting their ownership in the C-Corp based on the conversion plan. Ensure compliance with Connecticut securities laws.
  7. Update Licenses and Permits: Update all relevant licenses and permits to reflect the new C-Corp entity name and ownership. This is especially crucial for HealthTech companies with state-specific telehealth or healthcare-related licenses.

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