Sometimes a business owner decides to close his business. And as every attorney, CPA, or other licensed professional who works with Corporations and LLCs of all sizes knows, this means that there is work to be done.
Whether you are dissolving a large corporation or small LCC, as your client’s representative you need to file the appropriate paperwork with the relevant Secretary of State to ensure that your client’s business is no longer operating and that your client is not held liable for the business.
From exiting employees to typing up loose financial ends, dissolving your client’s business will likely keep you busy. That’s where we come in. If you are looking to dissolve your client’s corporation or LLC, Attorneys Corporation Services can help.
We can quickly and cheaply file your client’s dissolution so that you are freed up to focus on other aspects of breaking down a once-running company.
Filing the Articles of Dissolution will officially end the existence of the company and prevent your client from having to pay or file further annual fees and/or taxes on the company. As a helpful reminder, to file a dissolution and properly close your client’s company:
- The owners of the company must approve of the dissolution.
- All taxes, fees and reports must be up to date and filed with the State of formation. Some states require issuance of a “Tax Clearance” before allowing a dissolution to be filed.
- Creditors must be notified and claims settled complying with state law.
- Assets must be distributed to the owners depending on the % of ownership complying with state law.
For all of your business filing and incorporation services needs, contact Attorneys Corporation Service, Inc. today.