Dissolution, Cancellation or Withdrawal Services
Every state has laws pertaining to the dissolution of business entities. However, far too often business owners fail to realize the laws that are applicable to their business until fines or penalties
have already been imposed by the state. Once you form either a corporation, LLC, or a foreign filed entity, there are steps that need to be taken should you decide to cease operations or dissolve your
company. MyLLC.com is ready to assist you with these necessary services, but first let's examine what steps are involved and how they apply to your business.
There are statutory requirements that apply to all business entities, even if the company isn't actively operating, functioning, or conducting business transactions. In so long as your company is filed
with the Secretary of State office it is considered to be a viable business entity whether it is in good standing or not. Therefore, it is not only regulated as a functioning business, but it is also
subjected to all laws, taxes, penalties and other fines pertaining to business ownership and operation.
Henceforth, it is imperative that you proactively protect yourself and your business from unnecessary fines, fees, and penalties. It is of critical importance that you formally and legally dissolve your
corporation, withdraw foreign filed entities or cancel your LLC. These options typically constitute the most common categories of business entities, so consult your accountant to determine which applies
to your company and how we can best serve your needs.
Failing to officially file either a dissolution, cancellation, or withdrawal allows the state to continue to assess fees on your business entity. In many cases, the principals of the entity could
also be responsible for fees, taxes, or be held personally liable for unforeseen legal actions against the company.
So! How can you avoid this costly mistake? MyLLC.com offers simple solutions to legally dissolve your business entity:
Let's get started! Enter your information on this page and one of our experts will contact you shortly.
Be certain to speak to your accountant or legal counsel prior to making any final decisions regarding any and all aspects pertaining to your business. All information contained herein is meant to be strictly informative and in no way constitutes professional advice.
Page updated on 2015-09-13