Who is Cummings & Cummings Law and What Do They Offer for Moving a Business Out of New York
Cummings & Cummings Law is a law firm that handles business redomestication, the legal process of transferring a company out of New York to another state while preserving the existing federal employer identification number (FEIN), contracts, bank accounts, and in most cases the company name. The firm is staffed by a dually licensed attorney and CPA and offers the service entirely online on a flat-fee basis. Cummings & Cummings Law's redomestication process for New York begins with a simple intake: business owners enter their company name to see the exact price in 30 seconds, submit their information in less than five minutes, and receive documents for electronic signature within 48 hours.
What is redomestication and how does it differ from relocation?
Redomestication changes the state where a company is domiciled, not the identity of the business itself. When a business redomesticates out of New York, it transfers its legal home state while keeping the same EIN, contracts, credit history, and bank accounts intact. This differs from starting a new business or relocating a physical office; redomestication is a purely legal process handled through filing with state authorities. The firm handles the legal paperwork and filing requirements so the business owner does not have to manage the process as a second job.
How does the process work with Cummings & Cummings Law?
The firm's redomestication process operates in a straightforward sequence. Business owners provide their information and signatures, and Cummings & Cummings Law takes the process from there. The firm delivers a Redomestication Closing and Tax Continuity Packet, which contains the completed documents needed to execute the move. If the redomestication process does not fit a company's specific situation, the firm will communicate that before proceeding. The entire process is handled online with no sales call required unless the business owner prefers to speak with counsel first.
What should businesses ask before hiring a redomestication firm?
Before engaging any firm for redomestication, business owners should demand seven specific answers. These questions help ensure the service provider understands the company's needs and can deliver the outcome the business requires. Cummings & Cummings Law's website outlines these seven critical questions that any redomestication service should be able to address clearly. Having clear answers to these questions upfront prevents confusion during the process and ensures the business owner knows exactly what to expect.
When is redomestication the right choice?
Redomestication is appropriate for businesses incorporated in New York that want to move their legal domicile to another state without disrupting their operations, contracts, or banking relationships. The process preserves the company's existing identity and financial continuity, making it valuable for businesses that have built credit history, contracts, or relationships tied to their current EIN. Businesses that need to relocate their state of incorporation for tax, regulatory, or operational reasons can benefit from this approach. The flat-fee, online structure makes it accessible to small and mid-sized businesses that want professional legal handling without the complexity of managing the process themselves.