How to Convert Your Solo Founder LLC to C-Corp in Delaware (2026)
As a solo founder with an LLC in Delaware, you've likely enjoyed simplified operations and taxes. But as your vision expands and venture capital becomes a possibility, converting to a C-Corp becomes essential. This guide outlines the 'when,' 'how,' and 'why' of converting your Delaware LLC to a C-Corp in 2026, ensuring you're ready for growth. Let Lovie handle the complexities while you focus on building your business.
When to Convert
Conversion Steps
- Assess Your Current LLC Structure: Review your Delaware LLC's operating agreement, member details, and financial standing. Ensure all records are up-to-date and compliant with Delaware regulations.
- Adopt a Plan of Conversion: Create a formal plan outlining the conversion process, including the transfer of assets and liabilities from the LLC to the new C-Corp. This plan needs to be approved by the LLC member(s).
- File a Certificate of Incorporation in Delaware: File the Certificate of Incorporation with the Delaware Division of Corporations. This document establishes your C-Corp's legal existence. The filing fee is $89 as of 2024, but confirm for 2026.
- 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 open a corporate bank account.
- Transfer Assets and Liabilities: Officially transfer all assets and liabilities from your LLC to the newly formed C-Corp. This may involve updating contracts, bank accounts, and other legal documents.
- Adopt Bylaws and Appoint Directors: Create corporate bylaws to govern the C-Corp's operations and appoint a board of directors to oversee the company's management.
- File a Certificate of Cancellation (LLC): Once the C-Corp is fully operational, file a Certificate of Cancellation with the Delaware Division of Corporations to formally dissolve the LLC.
Start your formation with Lovie — $20/month, everything included.