Dan Brecher
Counsel
212-286-0747 dbrecher@sh-law.comAuthor: Dan Brecher|August 1, 2013
The process of relocating your New York or New Jersey business largely depends on its corporate structure. As with most other business tasks, the sole proprietorship is the most straightforward, while corporations pose the biggest headache.
Of course, registering in the new state is not the only legal and business concern. Business owners should carefully evaluate the costs of relocating, including moving staff, supplies, inventory and equipment, as well as the potential tax implications. There is also the need to look at the agreements and contracts the business has with its owners, management, employees and third parties, which may be affected by the move. To fully evaluate the range of issues you may face, it is best to consult with an experienced business attorney who can guide you through the process.
Counsel
212-286-0747 dbrecher@sh-law.comThe process of relocating your New York or New Jersey business largely depends on its corporate structure. As with most other business tasks, the sole proprietorship is the most straightforward, while corporations pose the biggest headache.
Of course, registering in the new state is not the only legal and business concern. Business owners should carefully evaluate the costs of relocating, including moving staff, supplies, inventory and equipment, as well as the potential tax implications. There is also the need to look at the agreements and contracts the business has with its owners, management, employees and third parties, which may be affected by the move. To fully evaluate the range of issues you may face, it is best to consult with an experienced business attorney who can guide you through the process.
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