50 State Series: How to move your LLC or corporation out of Alabama and keep your EIN

Attorney and CPA Chad D. Cummings breaks down Alabama’s tax position in this eye-opening presentation. While the state ranks 37th on the Tax Foundation’s 2026 State Tax Competitiveness Index, it still imposes a graduated personal income tax up to 5 percent, a 6.5 percent corporate income tax, and one of the highest combined state and local sales tax rates in the country at 9.46 percent. Compare that to Florida and Texas, which impose no state personal income tax and offer far more competitive environments for businesses. This presentation shows exactly how these differences cost Alabama business owners tens of thousands of dollars annually and why redomestication to Florida or Texas is often the smarter long-term move. Learn how to transfer your company’s domicile without dissolving the entity, without creating a new company, and on a completely tax-free basis while keeping your FEIN, contracts, credit history, and bank accounts fully intact. If you own a business in Alabama, this could be the strategic decision that puts real money back in your pocket every year. Learn more: https://www.cummings.law/redomestication/