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How to Transfer Ownership of a Corporation Consult your Articles of Incorporation and corporate bylaws. Contact the board of directors or shareholders. Find a buyer. Transfer ownership of stock. Inform the Secretary of State.
Change your responsible party Use Form 8822-B, Change of Address or Responsible Party Business PDF to report changes to your responsible party, address or location to the IRS within 60 days. Send the form to the address in Form 8822-B.
A change of the officer is not filed or recorded with Delaware Division of Corporations. Every Delaware corporation is required to file an Annual Report on or before March 1 of each year and, in doing so, must list the names and addresses of the companys current directors and at least one officer at that time.
The LLCs Operating Agreement must be amended to reflect that a new member is now part of the LLC, or to reflect the removal of a member, and all current members must sign the newly amended Operating Agreement, but you are not required to file the amended Operating Agreement with the state of Delaware.
Transferring ownership in a Delaware LLC can be done through membership interest sales, buy-sell agreements, or inheritance. Corporations require shareholder approval for amendments to the certificate of incorporation when changing ownership.

People also ask

Who can file a Delaware Certificate of Amendment? The amendment must be proposed by the directors, adopted by shareholders, and can be filed by any officer, provided there is a witness signature and the date of approval.
Delaware law requires every corporation that is doing business in this state but is formed in another state or jurisdiction to submit a completed Foreign Qualification form with the Division of Corporations along with a Certificate of Existence issued by that state or jurisdiction.
To complete a business name change in Delaware, youll need to file a Certificate of Amendment for an LLC or Certificate of Amendment of Certificate of Incorporation for a corporation.

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