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Filing Articles of Dissolution

Closing your business? Do it the right way. We handle the paperwork, filings, and compliance so you can move forward without legal loose ends.

What is Dissolution?

Dissolution is the formal process of closing a registered business with the state. It ensures your company is officially terminated and no longer liable for future taxes, fees, or compliance obligations. Without it, your business may still appear active in public records—even if you’re no longer operating.

Filing dissolution also helps protect your name, release obligations, and avoid unnecessary penalties down the line.

Avoid Unnecessary Fees and Taxes by Filing Dissolution

If you’re not operating anymore, you’re still on the hook for state compliance filings—unless you file for dissolution. Annual reports, franchise taxes, and late fees pile up fast.

By officially closing your business with the state, you protect yourself from hidden fees, tax notices, and future liability. One quick filing now can save you hundreds later.

Steps to Dissolving Your LLC or Corporation

Before your business officially closes, there are critical steps you must take to avoid legal or tax complications. Here’s what the process typically looks like:

Hold a meeting with the Board of Directors

For corporations, a formal resolution is needed from your board or shareholders. For LLCs, members must approve the dissolution per your operating agreement.

Make sure meeting minutes are recorded and signed to document the decision. This step provides legal proof of intent and helps protect you from future disputes.

Settle Financial Obligations

Before you dissolve, you must clear all outstanding debts, taxes, and obligations. This includes paying off loans, resolving payroll, and settling state tax accounts.

You’ll also need to distribute any remaining assets to owners or shareholders based on the legal ownership structure. Failure to do this properly can trigger legal action.

Dissolve the Company and Then Cancel Permits

Once internal approvals are secured and debts settled, you can file Articles of Dissolution with your state. This formally ends your business’s legal existence.

Afterward, be sure to cancel your business licenses, seller’s permits, and other registrations. This ensures you won’t be billed or penalized after the business is gone.

Filing Articles of Dissolution formally closes your business with the state and prevents future liabilities. It’s a necessary step for LLCs and Corporations that have ceased operations but want to avoid compliance fees, state taxes, or penalties down the road.

By completing this filing, you notify the state that your entity is no longer active—protecting your business name, assets, and reputation. Without it, your company could still be considered active in government databases, leaving you open to legal or financial issues.

VRE simplifies the dissolution process with step-by-step guidance and expert support, so you can close out clean and move forward confidently.

Common Questions About Filing Articles of Dissolution

Articles of Dissolution are official documents filed with the state to formally close your LLC or corporation. Filing them legally ends your business’s existence and protects you from ongoing state fees, taxes, and legal obligations.
You should file as soon as your business stops operations and has settled all debts, taxes, and obligations. Waiting too long can result in extra state fees, penalties, or forced administrative dissolution by the state.
Yes. Most states require member or shareholder approval before dissolving a business. You’ll typically need to record this decision in meeting minutes or a written resolution before submitting the Articles of Dissolution.
Technically yes, but you’ll need to disclose unpaid obligations during filing. Most states won’t fully process a dissolution unless all final tax returns are filed and any due taxes are cleared.
Your business may still be considered active by the state. That means you’re on the hook for annual report filings, franchise taxes, and penalties even if you’re no longer operating. Filing avoids unnecessary fees and legal exposure.
In most states, yes—through a reinstatement process. You’ll need to catch up on missed filings or taxes and submit a reinstatement application. However, your business name might not be available if someone else claims it during your inactive period.

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Requirements to file Articles of Dissolution:


• Your business must have no outstanding state filings or tax dues. Ensure all prior reports are submitted and taxes paid.

• Final wages must be paid, and employee accounts settled. The state may ask for tax clearance or a final return copy.

• You’ll need to confirm all debts are resolved and remaining assets are distributed before filing for dissolution.

Filing Articles of Dissolution through VRE ensures you meet all compliance steps, avoid state penalties, and officially close your business the right way.

Dissolution

Entity Type

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Entity State

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$199

Plus $0 State Fee

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