Q: If I change the company of name and tax id, would it be consider legally separate from the old company?
or would I need to dissolve one and then start the new business. I am thinking of changing because I want to change what we are selling and to who we are selling to.
A: Changing the name of a corporation does not convert the corporation into a different one. It simply would be the same corporation with a different. You would not necessarily need to dissolve the old corporation. You could form a new corporation if you do not want to use the existing one. This response is intended to provide general information only and not intended to give legal advice. It does not establish an attorney client relationship. I recommend that you consult with an attorney familiar with formation of corporations.
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