Dissolution
Regrettably, not all businesses succeed to the level their owners originally intend and many must cease operations. Dissolution is the termination of a company’s legal existence. Dissolution may be caused in many ways, including failure to file annual reports, failure to pay certain taxes, bankruptcy, or voluntary dissolution of the business by its owners.
If your company is ceasing operations or is no longer in business, BizFilings can directly assist with filing the articles of dissolution with the state of formation, or if applicable the state(s) of foreign qualification, to terminate the existence of a corporation, limited liability company (LLC) or nonprofit corporation.
There are a number of other steps involved in the dissolution of a business, which are outlined in our article entitled “Dissolving Your Business".
Pricing
The BizFilings fee for a dissolution is $139 + state fees.