Dissolving a company involves a few critical steps. Incofile streamlines this process for you, transforming what could be an overwhelming task into a straightforward, hassle-free experience.
There are numerous reasons why a corporation or LLC might be dissolved, including a strategic decision due to lack of success, embarking on new ventures, or a collective decision by shareholders to liquidate assets. Completing the dissolution process ceases ongoing tax obligations and other statutory filings associated with maintaining an active business registration with the secretary of state. The emotional weight of dissolving a business you've passionately built can be significant. Incofile is here to alleviate that burden by managing the dissolution paperwork on your behalf.
The life of a company starts with its Articles of Incorporation, and logically, it concludes with the filing of Articles of Dissolution. Without this crucial step, business owners remain accountable for taxes and other legal obligations. Fortunately, the process of closing a company boils down to handling the necessary paperwork.
To effectively dissolve an LLC or corporation that's ceased operations, Articles of Dissolution must be submitted to the state of incorporation. Failure to file these documents for an inactive company can lead to ongoing liabilities, such as fees or taxes.
Dissolving a business is fundamentally about submitting the Articles of Dissolution to the secretary of state, but unresolved legal or financial issues can complicate the dissolution if the business is not in compliance with state regulations.
We Manage the Paperwork, Saving You Time
The entity must be in good standing with its state of incorporation, not behind on franchise taxes, or overdue on annual report filings. If the entity is not in good standing, reinstatement might be necessary before proceeding with dissolution.
As your business grows we'll be there every step of the way to make sure that you have the resources at hand to service your companies ongoing needs.
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Used to formally terminate the existence of an entity.
Used to formally terminate the existence of an entity.
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File if your company requires an assumed business or fictitious name.
Filed when you need to expand your entity to new states.
Protect your privacy, secure a street address for your biz, and check your mail from anywhere.