Dissolving your corporation or LLC and starting over may look like a “fresh start,” but in reality, it is one of the most damaging mistakes a business owner can make. This reckless move wipes out your EIN, voids your contracts, destroys your business credit, and creates massive tax and legal exposure. You risk losing licenses, insurance coverage, and even your liability shield—leaving your personal assets on the line.

In this presentation, I explain why dissolving and restarting a business is a catastrophic mistake and how redomestication provides the smarter, legally sound alternative. By redomesticating, you preserve your EIN, contracts, credit history, licenses, and reputation—ensuring continuity without triggering disastrous tax and legal consequences. If you are considering moving your business to another state, learn why redomestication is the only way to protect everything you have built. Learn more: https://www.cummings.law/redomestication