Trademark And Llc Transfer

Summary

To transfer a trademark, submit an assignment recordation cover sheet with the uspto, pay the fee, and include the assignment agreement. For irs requirements, file form 8822-b to update the llcs responsible party and address, and guide the buyer in applying for a new ein. Notify the texas secretary of state about the ownership change and transfer assets like the amazon account as per the agreement. Consult a lawyer for detailed guidance.

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I just signed an agreement with a Chinese national selling my LLC to her. The LLC was formed in Texas and the new owner will keep the same address as the registered address. The LLC had a trademark called Wagtime Club that belongs to the LLC. The LLC also has an Amazon Account that will be transfered to the new owner. The agreement gave a 21 day window to transfer these assets. The seller also promised to help the buyer acquire a new EIN. What are the steps that I need to take to have the trademark record updated to the new owner, and what forms do I need to file with the IRS, and what other procedures do I need to take to complete the transfer and in what order?
Here's a concise guide to help you with the transfer process:
*. Trademark Transfer:
- Submit an "Assignment Recordation Cover Sheet" with the U.S. Patent and Trademark Office (USPTO).
- Pay the applicable fee.
- Include the assignment agreement.
*. IRS Requirements:
- File Form *-B to update the LLC's responsible party and address.
- Guide the buyer in applying for a new EIN through the IRS website.
*. Other Procedures:
- Notify the Texas Secretary of State about the ownership change.
- Transfer assets like the Amazon account as per the agreement.
If you need more detailed guidance or legal advice, consulting with a lawyer familiar with business transfers in Texas is recommended.