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

Attorney and CPA Chad D. Cummings examines Indiana’s tax competitiveness in this presentation. The state ranks tenth on the Tax Foundation’s 2026 State Tax Competitiveness Index with a 3.0 percent flat individual and corporate income tax rate scheduled to drop further. However, Indiana’s 92 counties can add local income taxes ranging from 0.5 percent to 3.0 percent, pushing the effective combined rate as high as 6.0 percent in some areas. This hidden local burden makes Indiana less competitive than its headline rate suggests, especially when compared to Florida and Texas, which impose no state personal income tax at all. For a pass-through business with five hundred thousand dollars in annual income, the difference can exceed twenty-seven thousand dollars per year. This presentation shows how redomestication allows Indiana business owners to move their company to Florida or Texas 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 Indiana, the effective rate you actually pay may justify making the move. Learn more: https://www.cummings.law/redomestication/