How to Convert Your Virtual Assistant LLC to C-Corp in Connecticut (2026)
As your virtual assistant (VA) business flourishes in Connecticut, transitioning from an LLC to a C-Corp might become a strategic move. This guide outlines the process of converting your VA LLC to a C-Corp in Connecticut by 2026, covering key steps, tax implications, and niche-specific considerations. Let Lovie handle the complexities of formation, so you can focus on your clients.
When to Convert
Conversion Steps
- Plan of Conversion: Draft a comprehensive plan of conversion outlining the process, including asset transfer, share allocation, and operational changes. This document needs to be approved by the LLC members.
- Name Availability Check: Verify that your desired C-Corp name is available with the Connecticut Secretary of the State. Ensure it complies with CT naming requirements for corporations.
- File Certificate of Incorporation: File the Certificate of Incorporation with the Connecticut Secretary of the State, officially creating the C-Corp. The filing fee is $250 as of 2024, but confirm this for 2026.
- Obtain an EIN: Apply for a new Employer Identification Number (EIN) from the IRS for your C-Corp. This is essential for tax purposes and is free.
- Transfer Assets and Liabilities: Transfer all assets and liabilities from the LLC to the newly formed C-Corp. Update contracts, bank accounts, and other relevant documents to reflect the change.
- Adopt Bylaws and Appoint Directors: Create corporate bylaws to govern the C-Corp's operations. Appoint a board of directors to oversee the company's management.
- Notify Relevant Parties: Inform clients, vendors, and other stakeholders about the conversion from LLC to C-Corp. Update your W-9 form to reflect the new EIN and corporate structure.
Start your formation with Lovie — $20/month, everything included.