In order to properly close a corporation or LLC that is no longer transacting business the company must file Articles of Dissolution with the state of incorporation. Neglecting to file Articles of Dissolution for a company that is no longer active may expose the corporation or LLC to unnecessary recurring fees or taxes.
Requirements to file Articles of Dissolution:
The company must be in good standing with the state of incorporation and cannot be in arrears of franchise taxes or annual reporting requirements. In the event that the entity is not in good standing reinstatement would be required in order to proceed with the dissolution.
Upon receiving an order to file Articles of Dissolution we will review the order draft the articles and file them in the designated state. If required we will contact you to obtain any additional information and or signatures.
In some states if fees are outstanding the state will disallow the dissolution of the entity without it first being returned to good standing. In these situations our protocol is to contact the client and inform them of the issues preventing the filing the dissolution. The client will be issued a full refund upon request if he or she decides that it is not in their best interest to bring the entity back into good standing with the state.
The filing time is dependent on the governing state agency and varies by state..
The state fee varies by state our service fee to file Articles of Dissolution is $99. To review the fee in your state click on the “order now” button and select the state and entity type.
The governing state agency will return a copy of the filed articles which are then mailed to the client.
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