A dissolution, or a cancellation in the case of a limited liability company, is the formal closure of your company. To legally end your business and make a final distribution of company assets to shareholders or creditors, you must obtain a dissolution.
Dissolutions require an officer, director or member of the company to file a Certificate of Dissolution or Certificate of Cancellation after getting shareholder or member approval. To obtain one, your company must be in good standing, with all required taxes paid and all annual reports filed with the state. Once your dissolution is approved, you may also need to file a Corporate Liquidation or Dissolution form with the Internal Revenue Service.
Why bother with a dissolution? Without one, your company remains "active" in the state records (even if you are no longer doing business) and therefore subject to all annual reporting fees and corporate tax payment requirements.
- Check current status of the company with the state of formation.
- Prepare the Certificate of Dissolution or Cancellation, and any other required state forms.
- Pay all required dissolution fees and final taxes to the appropriate state agency(s).
We can have your company dissolved in most states in a few weeks. Some states can take more than six months. The sooner you take care of it, the sooner you can move on. Get Pricing or get the process started.
We make the process painless.
Once Incorporators USA receives your request, we will:
- Prepare the Certificate of Dissolution or Cancellation and send it to you for your signature. (Most states require an officer of the corporation or a member of the LLC to sign dissolutions.)
- We also send you a list of outstanding requirements, if any.
- Once we receive your signed documents, we file them with the appropriate state agency or agencies.
- Upon approval, we will forward the filed evidence back to you as proof of filing.
