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

Attorney and CPA Chad D. Cummings examines North Dakota’s tax position in this presentation. The state ranks 11th on the Tax Foundation’s 2026 State Tax Competitiveness Index with one of the lowest individual income tax rates in the country at 2.5 percent. However, North Dakota’s revenue model depends heavily on volatile oil and gas severance taxes, it imposes a throwback rule on corporate income, and its pension system is funded at only 69 percent. These factors create risks that do not exist in states with no income tax. Florida and Texas impose no state personal income tax and offer more stable, competitive environments. This presentation shows how redomestication allows North Dakota business owners to transfer a 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 North Dakota, the low rate is helpful, but zero remains the better outcome. Learn more: https://www.cummings.law/redomestication/