Dissolution

A corporation or LLC may reach a point of dissolution for various reasons. It could be a voluntary decision made by the company if it is no longer profitable, if the business is transitioning to a new venture, or if its shareholders want to liquidate its assets.

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Dissolution

Close your business the right way

Looking to move on from your LLC or corporation? We can help you with the simple and hassle-free process of officially dissolving your business with the state.

Avoid incurring fees and taxes

It's essential to dissolve your business officially. If you fail to do so, you will still be responsible for paying the fees and taxes associated with running it.

Notify creditors

By formally dissolving your business after settling all outstanding bills, you inform creditors that your business is no longer liable to incur any future debts.

It is a requirement by the states

If you are in the process of winding down your company, it is also necessary to officially dissolve it with the state.

Notify the IRS

This step is crucial because it will grant you a tax clearance, which streamlines the process. To obtain this consent, you will need to settle all federal and state taxes owed at the time of dissolution.

ONE TIME PAYMENT

Filing Articles of Dissolution

Let us take care of the paperwork to save your time.

Pay once | No hidden fees

$499 USD

Start My Dissolution

ONE TIME PAYMENT

Filing Articles of Dissolution

Let us take care of the paperwork to save your time.

Pay once | No hidden fees

$499 USD

Start Your Company

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Dissolution
Frequently asked questions

What are articles of dissolution?

Articles of dissolution are a formal document that notifies the state of your decision to dissolve your business. It is mandatory for most business types, including LLCs and corporations, and serves as a notice to the state that your business is no longer in operation. Sole proprietorships, which are unincorporated businesses owned and operated by a single individual, do not need to file articles of dissolution if they cease operations.

There are several reasons why you may want to officially dissolve your business?

When ending a business, it’s crucial to file articles of dissolution; otherwise, the state may still hold the business accountable for fulfilling its legal obligations, which include maintaining licenses, submitting reports, and paying business taxes.

What happens if I don't dissolve my business?

If you fail to dissolve your business and do not fulfill your legal obligations such as submitting reports and paying taxes, you may still be held accountable for these obligations. This could result in the imposition of fines, penalties, and the loss of your personal liability protection.

What actions do I need to undertake to officially dissolve my business?

Prior to initiating the dissolution process of your business, it is crucial to refer to your operating agreement or bylaws to identify any specific guidelines on the dissolution process. You must also inform your creditors and clear any pending business taxes. When you are ready, you can conveniently file articles of dissolution by answering a few questions online, and we will create and submit the required paperwork on your behalf to the state.