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

Attorney and CPA Chad D. Cummings analyzes Georgia’s tax competitiveness in this presentation. The state has made impressive progress, climbing from 28th to 18th on the Tax Foundation’s 2026 State Tax Competitiveness Index with a flat 5.19 percent individual and corporate income tax rate scheduled to drop further to 4.99 percent. Yet Georgia remains surrounded by stronger competitors: Florida and Tennessee impose no state income tax, while North Carolina’s rates are lower and continue to decline. For a pass-through business with $500,000 in annual income, that 5.19 percent difference equals $25,950 per year that stays in the business when domiciled in Florida or Texas. This presentation explains how redomestication allows Georgia business owners to move the company to a new state without dissolving the entity, without creating a new company, and on a completely tax-free basis while preserving the same FEIN, contracts, credit history, and bank accounts. If you own a business in Georgia, the numbers next door make the case for action. Learn more: https://www.cummings.law/redomestication/