Business Restructuring Instructions

Business Restructuring

A new Business license is not required if a business restructuring occurs such as the ownership structure of an existing resident business changes from or to:

  • Corporation
  • LLC
  • LLP
  • Partnership
  • Sole proprietor
  • Any other form of ownership

To be considered a restructure, assets of the existing licensed business cannot be purchased. However, we do require that you notify the Business License Auditor, in writing, of the change so that we may update the information in our system. Please use the Change Form (PDF) for business restructuring only.

Ownership Change

If an ownership change occurs or a new business purchases the assets of an existing business resulting in a FIN/EIN/SSN change, a new Business License (PDF) is required.

You will be required to purchase a current Business License and pay for any prior year licenses owed, as well as any appropriate penalties.