A Rhode Island Certificate of Conversion is a legal document that is issued by the Rhode Island Secretary of State. It is used to convert a business entity from one type to another, for example from a corporation to a limited liability company (LLC). There are three types of Rhode Island Certificate of Conversion: Domestic to Domestic Conversion, Domestic to Foreign Conversion, and Foreign to Domestic Conversion. Each type has different requirements and processes associated with it. A Domestic to Domestic Conversion allows an entity to change from one type of business to another without changing its state of incorporation. A Domestic to Foreign Conversion allows an entity to change from a domestic entity to a foreign entity, while a Foreign to Domestic Conversion allows an entity to change from a foreign entity to a domestic entity. All Certificate of Conversion applications must be submitted to the Rhode Island Secretary of State and must include the proper filing fee.
Rhode Island Certificate of Conversion
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FAQ
A Certificate of Conversion is the document filed to effectively change from one entity type to another with Delaware's Division of Corporations. The filing must specifically state the following: The original LLC name. Date and State the LLC was first created.
A Certificate of Authority shows that you are authorized to do business in a state other than your original formation state. A Certificate of Authority is a requirement in most states. It's important to note that the name of the document can vary from state to state.
Answer : An entity conversion is a filing that is made with the state of incorporation that allows a company to change from one business type to another.
The certificate of conversion contains basic information about the conversion, including such items as: the name of your LLC. the jurisdiction under which your LLC was formed (Georgia) a statement that the LLC is electing to become a corporation. the effective date of the conversion, if later than the filing date.
Statutory conversion ? With statutory conversion, you can convert your domestic LLC into a Georgia corporation without dissolving your company, but instead by filing the required paperwork ($95).
To convert your Georgia corporation to a Georgia LLC, you need to: have your corporation's board of directors adopt a plan of conversion. get the corporation's shareholders to approve the plan of conversion; and. file a certificate of conversion and articles of organization with the Secretary of State.