Pennsylvania Statement of Conversion [DSCB:15-355]

State:
Pennsylvania
Control #:
PA-SKU-0275
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Description

Statement of Conversion [DSCB:15-355]

The Pennsylvania Statement of Conversion [DSC:15-355] is a form required for corporations or limited liability companies in Pennsylvania that wish to change their business entity structure. The form is used to convert a corporation into a limited liability company, or vice versa. There are two types of Pennsylvania Statement of Conversion [DSC:15-355]: one for converting a corporation into an LLC, and one for converting an LLC into a corporation. The form must contain information about the company, such as the name, address, and date of formation. Additionally, the form must include the signatures of all the individuals involved in the conversion process. Once completed, the form must be filed with the Pennsylvania Department of State.

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FAQ

A Statement of Conversion must be filed with the Pennsylvania Department of State where: (1) a domestic entity becomes a domestic entity of a different type or a domestic banking institution. (2) a domestic banking institution becomes a domestic association of a different type.

You need to complete Form 8822-B and send it to the IRS to change the EIN Responsible Party for your LLC. If the Responsible Party for your LLC has changed, you'll need to update the IRS as soon as possible, as per their requirements. Note: Form 8822-B can also be used to change your LLC address with the IRS.

Your best option for easily transferring LLC ownership is to write an Operating Agreement (OA) with transfer provisions for LLC owners. An Operating Agreement (OA) is a document with customized provisions dictating how an LLC conducts business. Your OA can determine how to transfer ownership of an LLC in Pennsylvania.

Pennsylvania corporations have to file an Articles of Amendment ? Domestic Corporation form with the Corporation Bureau of the Department of State. You will also have to attach 2 copies of the completed Docketing Statement ? Changes. You can file by mail or in person. You also need to pay $70 for the filing.

Your best option for easily transferring LLC ownership is to write an Operating Agreement (OA) with transfer provisions for LLC owners. An Operating Agreement (OA) is a document with customized provisions dictating how an LLC conducts business. Your OA can determine how to transfer ownership of an LLC in Pennsylvania.

You can file your Certificate of Organization online, by mail, or in person. If you apply online, you will need to pay a $125 fee and can expect your Certificate to be approved within seven to ten business days. Mail filings also will take seven to ten days to process, and require the same $125 fee.

After you file your Certificate of Amendment online, the Pennsylvania Bureau of Corporations will review and process your filing in 7-10 business days. Once it is approved, they will return your stamped and approved Certificate of Amendment by email.

PENNSYLVANIA'S NEW ENTITY TRANSACTION LAW MAKES IT EASIER TO CONVERT A LLC TO A CORPORATION. On July 1, 2015, Pennsylvania's new Entity Transaction Law went into effect and made it easier, faster, and cheaper for business entities to engage in ?fundamental transactions? with another business entity.

More info

If the converting association is a nonregistered foreign association, the address, including street and number, if. Download Fillable Form Dscb:15-355 In Pdf - The Latest Version Applicable For 2023.Download Statement of Conversion (DSCB:15-355) – Department of State (Pennsylvania) form. 15-355. Statement of Conversion. 15-366. Statement of Division. C.S. § 355 (relating to statement of conversion; effectiveness) and DSCB:54-311 (Application for Registration of Fictitious Name) relates to 54 Pa. Form DSCB:UCC-3 (Uniform Commercial Code-Financing Statement Change). If you want to convert your organization then you will be needing a legal statement that will help you complete the process. Split​Form NameExpedited Auxiliary​​Expedited Service Request FormFictitious Names​ Departments​Form NameExpedited Services​​Expedited Service Request FormFictitious Namer​

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Pennsylvania Statement of Conversion [DSCB:15-355]