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

Yes, it IS possible to redomesticate your LLC or corporation out of California, regardless of what the "experts" on Reddit say. Attorney and CPA Chad D. Cummings explains why California remains one of the worst states for business taxes in this presentation. The state ranks 48th overall on the Tax Foundation’s 2026 State Tax Competitiveness Index, near the bottom in individual income taxes, corporate taxes, and sales taxes. With a top all-in personal income tax rate of 14.4 percent, an 8.84 percent corporate rate, the nation’s highest state sales tax, and a hostile tax code that suspends net operating loss carryforwards, imposes throwback rules, and creates massive compliance burdens, California continues to drive businesses and high earners away. Florida and Texas impose no state personal income tax and offer far more competitive structures. This presentation shows how redomestication lets you transfer your company’s legal domicile to Florida or Texas without dissolving the entity, without creating a new company, and on a completely tax-free basis while preserving your FEIN, contracts, credit history, and bank accounts. If you own a business in California, the numbers make the case for action. Learn more: https://www.cummings.law/redomestication/