How to Transfer a Company to Texas in 2026: Dell Announces its Redomestication From Delaware [DEXIT]

Attorney and CPA Chad D. Cummings discusses Dell Technologies' decision to redomesticate from Delaware to Texas in this presentation. On May 4, 2026, Dell's Board of Directors unanimously approved the move, with a stockholder vote scheduled for June 25. Dell joins Tesla, ExxonMobil, TripAdvisor, Dropbox, and Pershing Square in leaving Delaware for Texas. The company, founded in a University of Texas dorm room, maintains its global headquarters in Round Rock and its largest domestic workforce in Texas. This redomestication aligns the legal domicile with operational reality without dissolving the entity, without creating a new company, and without triggering federal income tax. The company retains its FEIN, contracts, credit history, and NYSE listing. The same redomestication process our firm has successfully completed for over five hundred companies works for businesses of any size. If a Fortune 50 company is making this change, the question for every business owner still domiciled in a high-tax state is what you are waiting for. Learn more: https://www.cummings.law/redomestication/