Why Keeping Your EIN Matters When Moving Your LLC to Florida
When an LLC moves to Florida through redomestication, the business keeps its existing Employer Identification Number (EIN) and maintains all contracts, banking relationships, and credit history, because redomestication changes only the state where the company is domiciled, not the identity of the business itself. This distinction is critical: your EIN stays the same, your vendor agreements remain valid, and your business credit profile continues uninterrupted. Cummings & Cummings Law handles redomestication as a complete legal process that preserves these continuities while transferring your entity to Florida, completed entirely online with DocuSign signatures and no downtime to your operations.
What happens to your EIN and business identity during redomestication?
Redomestication transfers your company's domicile from one state to Florida without changing the business itself. Your EIN, issued by the IRS, remains attached to the same legal entity, so you do not need to apply for a new number or update your federal tax identification. Your contracts with vendors, landlords, lenders, and clients remain in force because the underlying business entity does not dissolve or transform into a new entity. Your business credit history, built under your existing EIN, continues to follow the same company.
This contrasts sharply with other methods of moving to Florida. Dissolving your old entity and forming a new Florida LLC would force you to obtain a new EIN, lose your credit history, and require renegotiating or formally reassigning every contract. Foreign registration (qualifying to do business in Florida while remaining domiciled elsewhere) adds complexity and ongoing compliance costs without moving your domicile. Redomestication achieves the move cleanly while preserving your business identity intact.
Why does keeping your EIN matter for banking and credit?
Your EIN is the identifier your bank, lenders, and credit bureaus use to track your business financial history. When you keep the same EIN during redomestication, your bank account and lending relationships do not require closure or transfer. Your business credit score, built over time with your current EIN, remains active and continues to reflect your payment history and creditworthiness. If you had obtained a new EIN by dissolving and reforming, you would start with no credit history, making future loans, lines of credit, and vendor terms harder to secure.
Cummings & Cummings Law structures the redomestication process to ensure your banking continuity. The firm coordinates with your financial institutions so that your existing accounts remain open and tied to your Florida entity. No snail mail delays, no account closures, no credit reset.
How does redomestication differ from other ways to move to Florida?
Four main paths exist for moving a business to Florida, each with different legal and financial outcomes. Domestication (redomestication) transfers your entity while keeping its legal identity, EIN, and credit intact. Foreign registration qualifies your out-of-state entity to do business in Florida but leaves your domicile elsewhere, creating dual compliance and ongoing state fees. Merger involves dissolving your old entity and merging it into a new Florida entity, which triggers a new EIN and resets credit history. Dissolution and reformation means closing your old company and starting fresh in Florida, requiring new EIN, new contracts, and new credit building.
Redomestication is the only method that moves your domicile while preserving your legal identity. It is the cleanest path for business owners who want to relocate to Florida without operational disruption or financial reset.
What is involved in the redomestication process?
Cummings & Cummings Law handles redomestication as a done-for-you service completed entirely online. You provide your business information and sign documents via DocuSign. The firm, led by an attorney and CPA, prepares all legal documents and files them with the Florida Secretary of State and the IRS. No in-person meetings, no snail mail, no waiting for paper signatures. The firm delivers a closing packet that includes your redomestication documents, tax continuity guidance, and all filings needed to transition your entity to Florida.
The firm states it performs more redomestications than any other law firm in Florida. The service is designed for business owners who view legal counsel as a capital investment rather than a cost to minimize. The firm works with clients ranging from early-stage startups to Fortune 100 organizations and integrates tax planning, risk management, and financial analysis into each engagement.
Why hire an attorney and CPA for redomestication instead of DIY services?
Redomestication is complex brain surgery on your business, touching state law, federal tax law, contracts, and banking relationships simultaneously. Do-it-yourself legal platforms and cheaper online services cannot replicate the integrated legal and tax expertise required. Cummings & Cummings Law combines attorney and CPA credentials to ensure your redomestication aligns with your tax planning goals, preserves your credit and contracts, and avoids costly mistakes.
The firm's attorneys have worked with and for organizations including American Airlines, PricewaterhouseCoolers, JPMorgan Chase, Dell Technologies, Walmart, and Halliburton. The firm remains small by choice and is selective about which clients and matters it accepts. This approach means you are not processed through a template factory but rather guided through a transaction tailored to your business structure and goals.