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

Attorney and CPA Chad D. Cummings explains why Texas remains one of the strongest states for business ownership and how redomestication provides seamless flexibility in this presentation. Texas ranks seventh on the Tax Foundation’s 2026 State Tax Competitiveness Index with no individual income tax, no estate tax, no inheritance tax, and a franchise tax that applies only to larger entities. The state has built a pro-business legal infrastructure including a dedicated Business Court and strong governance protections that have attracted major companies such as Tesla and ExxonMobil. This presentation covers the advantages of redomesticating into Texas from a high-tax state as well as the process for Texas-domiciled businesses that need to move the entity when life circumstances require relocation. Redomestication transfers the company to a different state, without creating a new entity, and without triggering federal income tax when performed correctly. The company retains its FEIN, contracts, credit history, and bank accounts. Whether you are moving into Texas or out of Texas, the process is flat-fee, remote, and handled end-to-end by a licensed attorney and CPA admitted in Texas. Learn more: https://www.cummings.law/redomestication/