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How to Move a Company Out of New York and Keep Your EIN and Contracts

By the Finadeus editorial team
November 1, 2026

Moving a company out of New York while keeping your existing federal employer identification number (EIN), contracts, and bank accounts is possible through redomestication, a legal process that changes where your company is domiciled without changing the identity of the business itself. Cummings & Cummings Law handles this process entirely online with a flat fee structure and no required sales call, with documents typically delivered for electronic signature within 48 hours.

What is redomestication and how does it differ from moving or dissolving a business?

Redomestication is the legal process of transferring a company from New York to another state while maintaining the existing EIN, contracts, bank accounts, and in most cases the company name. Unlike dissolving and restarting a business in a new state, redomestication preserves your business identity and continuity. This means you avoid the disruption of renegotiating contracts, updating banking relationships, or losing credit history that would occur if you closed your New York entity and started fresh elsewhere.

How long does the redomestication process take?

The timeline is designed to be efficient. You can submit your business information in less than five minutes through an online form, receive your exact pricing in 30 seconds, and have documents ready for electronic signature within 48 hours. The full process is handled by a dually licensed attorney and CPA, so the legal and tax work is managed by qualified professionals rather than requiring you to navigate the process yourself.

What information do you need to provide to start?

You provide your business name and basic information through the online form, along with the required signatures for the redomestication documents. Cummings & Cummings Law then handles the remainder of the process, including preparation of the legal documents and coordination with the appropriate state agencies. This division of labor is designed to minimize the burden on business owners while ensuring compliance with all legal and tax requirements.

What does the redomestication closing packet include?

The service delivers a Redomestication Closing and Tax Continuity Packet, which contains the legal documents and tax documentation needed to complete the transfer. This packet is designed to preserve your tax status and ensure continuity in your business relationships and accounts. The exact contents and scope of what is included in this packet are detailed on the service page.

How do you know if redomestication is right for your business?

Cummings & Cummings Law states that if the redomestication process does not fit your company's situation, they will tell you directly. This transparency means you are not locked into a process that may not be appropriate for your specific circumstances. Before committing, you can schedule a consultation with counsel to discuss whether redomestication aligns with your business goals and structure.

Frequently asked questions

How to use move company out of New York effectively

To move your company out of New York effectively using redomestication, submit your business name and information through the online form at Cummings & Cummings Law, receive your exact price in 30 seconds, and complete your submission in under five minutes. Sign the redomestication documents electronically within 48 hours of receiving them, and the service provider, a dually licensed attorney and CPA, handles all legal and tax work to transfer your company to your chosen state while preserving your EIN, contracts, and bank accounts. The flat fee structure means no hidden costs or surprise charges during the process.

Which states can I redomesticate my New York company to, and are there any states where this process is more complicated or takes longer?

Cummings & Cummings Law offers redomestication to move your company out of New York to other states, though the specific list of available destination states and any variations in complexity or timeline by state are not detailed on the main service page. To learn which states are available for your redomestication and whether any have additional requirements or longer processing times, you can schedule a consultation with counsel or submit your business information to receive details specific to your situation.

Do I need to close my New York business entity entirely, or does redomestication allow me to maintain some presence or status in New York?

Redomestication changes where your company is domiciled, not the identity of the business itself, which means your entity is transferred to the new state rather than dissolved. The specific details about whether your New York business status is fully terminated, whether you retain any presence or registration in New York, or whether any ongoing filings or compliance in New York is required after redomestication are not detailed on the service page. Cummings & Cummings Law can clarify your post-redomestication status in New York during a consultation or when you submit your information.

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