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How do I change the ownership of a business in Washington state?

The process for changing ownership of an LLC in Washington state involves amending the LLCs operating agreement and filing the amendment with the Washington Secretary of State. Consulting with an attorney specializing in business law is recommended to ensure a smooth and compliant transfer of ownership.

How to transfer ownership of a business in Washington state?

Address Changes Logging in to our online services and select Update Contact Information. Sending an email to customerservice@acb.wa.gov. Include in your email your name, credential number, and new contact information. Mailing a letter to the Board at: PO Box 9131, Olympia, WA, 98507.

How do I change the name of my business in Washington state?

If you have a Washington LLC or corporation, you are required to file a Washington Annual Renewal each year with the Business Licensing Service. Both LLCs and corporations must pay the same Annual Renewal fee of $71.

How do I remove a member from an LLC in Washington state?

Washington LLC Change Name Fill out. This form is available here for download. Submit it online. 1) Go to the Secretary of States website: , select Business Amendment under Business Maintenance Filings then look up the LLC using its name. Submit it by mail. Fill out and print the form.

How do I change the ownership of an existing business?

The most common way is to sell the business to another person or company. If you own the business along with partners, you may reapportion ownership among the multiple partners. Another way is to gift the business to someone else. You can also transfer ownership through a merger or acquisition.

business license change of ownership

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