Dissolve an LLC or a Corporation
A dissolution, or a cancellation in the case of a limited liability company, is the formal closure of your company. To legally end your LLC or corporation and make a final distribution of company assets to shareholders or creditors, you must dissolve your business.
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 dissolving your business? Without a formal dissolution, 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.
Let American Incorporators tie up loose ends neatly. We can:
- 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 American Incorporators receives your request, we will:- Prepare the Articles 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 your company's outstanding state obligations, if any.
- We'll file your signed documents with the appropriate state agency or agencies.
- Upon approval, we will forward the filed evidence back to you as proof of filing.
