Tennessee Notice of Transfer of Reserved Corporate Name
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How to fill out Notice Of Transfer Of Reserved Corporate Name?
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FAQ
Tennessee law has no provisions for entity domestication. If you plan to move your company to Tennessee your can choose between qualifying your existing company as Tennessee Foreign Entity, or dissolving it in the original state of registration and forming a new company in Tennessee.
The annual report fee for LLCs is $300 minimum up to a maximum of $3000. The fee increases by an additional $50 per member for every member over 6 members up to a maximum of $3,000. An officer is not listed.
To cancel your foreign LLC in Tennessee, you submit form SS-4241, Application for Cancellation of Certificate of Authority and the filing fee, to the Tennessee Department of State, Division of Business Services (DBS).
You can easily change your Tennessee LLC name. The first step is to file a form called the Articles of Amendment with the Department of State and wait for it to be approved. This is how you officially change your LLC name in Tennessee. The filing fee for the Articles of Amendment in Tennessee is $20.
Filing Articles of Amendment is the only way to notify the state of your desire to change the legal name of your business. They also demonstrate consent from essential members of your company, if director, shareholder, or officer ratification is required.
Tennessee LLCs have to file a completed Articles of Amendment to Articles of Organization (LLC) with the Division of Business Services of the Department of State. You can download the form from their website. You can also draft your articles if you do not want to use the form. Filing comes with a $20 fee.
To reserve a specific name for a future company, an individual must first check with Tennessee Secretary of State if that name is available. If available, a name can be reserved by filing a special ?Company Name Reservation? application, and it's usually processed within 8-10 business days.
Others still want name change requests to be put in writing, however. If so, the letter should be signed. Include your account number and sort code and what the business name is changing from and to, and make sure it carries the signatures of all the account holders listed in your business bank account mandate.
