The decision to close your corporation shouldn’t be taken lightly. Our infographic details a step-by-step process for closing your corporation the right way.

Learn how ending an LLC’s existence is a multi-step process, including dissolving, winding up affairs, liquidating assets, paying creditors, & more.

Use our Compliance Smart Chart to understand when a corporation or LLC stops doing business in a state in which it had qualified, and decides to voluntarily withdraw from that state, including being subject to the foreign state’s annual report, franchise tax, and other compliance obligations.

Learn about the right steps to take when your company stops doing business in a foreign state, including statutory consequences, voluntary withdrawal, service of process, when not to withdraw, & more.

Learn how the State of California amended the Corporations Code and Revenue and Taxation Code for inactive corporations and LLCs, including the abatement of certain taxes & penalties, & more.

Administrative dissolution is the loss of rights, powers, and authority of a corporation, LLC or other business entity. Learn how to avoid this process today.

Mississippi Senate Bill 2350 eliminates the 10-year term limit for voting trusts

There are myriad reasons for voluntarily dissolving an LLC. But regardless of the reason, there’s more to it than just putting up a “Closed” sign. Without proper termination, your LLC could be liable for taxes and annual reports, lawsuits, and identity fraud issues. Our infographic explains the steps involved in properly terminating an LLC.

If you operate as an LLC or corporation, you must take steps to properly dissolve the company when ceasing operations.

Read about the consequences of administrative dissolution and seeking reinstatement.