Filing the Articles of Dissolution is a critical part of the wind-down process for anyone closing a business that is a corporation or an LLC. Even if you’ve closed your company and you’re no longer operating your business, you still need to process the correct paperwork to legally close your operations. If you have formed a corporation or LLC, have business licenses, and/or pay taxes, the state still sees you as operating and will continue to try to get you to pay fees and taxes.
Failure to file appropriate documentation may result in taxes, penalties, and other fees for every day the company continues in existence. This applies even if you’ve stopped doing business.
Related content:
- https://www.corpnet.com/blog/dissolve-corporation-or-llc/
- https://www.corpnet.com/blog/business-closures-dissolutions-and-withdrawals/
- https://www.corpnet.com/blog/dissolutions-and-moving-your-business-to-a-new-state/
- https://www.corpnet.com/blog/closing-llc-year-end/
- https://www.corpnet.com/blog/steps-closing-corporation-by-year-end/