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"Hi! I am trying to shift my S Corp from California to Nevada.." I am the sole person in the corp.. It's still in year one.. No business has been conducted yet and no shares have been issued. How do i move it? My company is e commerce based.. no physical building or location.
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If your goal is to eliminate state income tax, but you, the sole employee reside in CA and your bank account is in CA, then you would still have to register as a foreign corporation doing business in CA.
I know you can convert a Nevada corporation into a CA corporation but I don't know that you can do the reverse. I see no such form on the site of the Nevada Secretary of State, but I am not licensed in Nevada.
Answered on Jun 05th, 2015 at 9:29 AM