Business dissolution is an official procedure to strike off a company’s name from the state records. It allows business owners to officially file a request with the state and legally close their company for creditors to understand that you no longer conduct businesses or owe debts.
An LLC, a Corporation, and a Partnership can dissolve their businesses, provided of course, they do it in a proper manner. Dissolution of a company whether involuntary, voluntary or ordered must be completed through a notice of corporate dissolution. In other words, you must submit a form and other documents to your state authorities in order to get your company legally dissolved. During the process, all your assets will be liquified and distributed among your creditors to begin the process of dissolution.
Closing a business, a corporate, an LLC, or a partnership is not as easy as hanging up a closed sign. You have to officially close your business in order for the legal authorities to strike off your company’s name from the state records. And the same is possible if you first consult experts and discuss your operating agreement on business dissolution.
Not only this, but you should also officially inform your creditors and clear off the debts you owe. All this, along with official filing and liquidation are one of the major steps to business dissolution. However, it can be quite difficult for you to close your company on your own. So, once you’re sure and ready, you can easily get in touch with us and fill a simple form. Rest assured, we will do all the leg work for you while helping you close your company legally.
Our service fee starts at $129. Additionally, we also charge for state filing fees, which may vary from state to state.
If you fail to dissolve your business the right way, you will still be liable to file records with your state, pay taxes as before, and even worse, you might lose the right to protect your personal assets. So, make sure that you get your company legally dissolved and follow all the steps carefully with the help of our professionals.