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Home > Small Business Filings > Dissolutions & Withdrawals
Dissolutions & WithdrawalsClosing a BusinessWhen a Limited Liability Company (LLC) is no longer doing business, part of the closing process involves a formal state filing. This is normally referred to as a cancellation or dissolution filing. Until an LLC is canceled, it remains responsible for state requirements like annual reports and franchise taxes. LLCs must also continue to maintain a Registered Agent in their state of formation until the company is formally canceled. LLC.com can assist customers in filing a formal cancellation through the state, when their company is no longer in business. We provide this service regardless of whether the LLC was originally formed through LLC.com. Cancellation RequirementsBecause an LLC must normally be in good standing with the state in order to dissolve, the cancellation process may require additional steps. For example, an LLC may need to file any past-due or current annual reports or pay franchise tax fees for the current year. LLC.com will advise customers of any known requirements to dissolve an LLC as part of the cancellation process. If we are advised of additional fees or filings by the state after your order is submitted, we will contact you with instructions. Close LLC in Another StateIf an LLC has qualified to do business in another state and wishes to terminate its authority in that state, LLC.com can assist in a withdrawal filing. This is true even if the orginal qualification filing was not completed through LLC.com. Cancellation or Withdrawal FilingTo begin the cancellation or withdrawal process, LLC.com requests a $50.00 deposit to provide the paperwork and fee breakdown for an order. This deposit is nonrefundable, but will be deducted from our service fee of $125.00. For a filing in Delaware or New York, the state permits us to conform (type) your signature on the documents and submit them directly to the state to avoid delay. In these states, we can provide the total cost up front and conform your signature on the filing if you prefer. Ready to Get Started?Contact an LLC Business Specialist at 877-261-9606 or 302-636-5457 to place an order for a cancellation or withdrawal filing. Email us at info@corporate.com with any questions about the process. |
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