Get DE Short Form Certificate Of Dissolution 2003-2024

In Delaware, "dissolution" refers to the process of closing a corporation through the filing of a Certificate of Dissolution. LLCs, on the other hand, are "canceled" through a Certificate of Cancellation.

The fee to file the Certificate is $200.00 and you will receive a stamped “Filed” copy of your submitted document. A certified copy may be requested for an additional $50. Expedited services are available.

How Long Does it Take to Dissolve an LLC? The length of this process varies depending on the state that your LLC resides in. If your LLC is filed with the Delaware Secretary of State this process should take about three to four weeks.

You'll need to complete and mail the appropriate dissolution form and a cover memo, along with the filing fee, to the Delaware DOS. You can find the dissolution forms and the cover memo on the dissolutions and cancellations section of the Division of Corporations website.

It is advisable to formally cancel a Delaware LLC if the company has ever been used in any capacity. The LLC will continue to accrue Delaware franchise tax year after year if the company is not properly canceled. The public cancellation filing stops the LLC from accruing future franchise tax, penalties, and interest.

The fee to file the Certificate is $204.00. If your document is more than 1 page, please include $9.00 for each additional page. You will receive a stamped “Filed” copy of your submitted document. A certified copy may be requested for an additional $50.

The Certificate of Dissolution puts all on notice that the LLC has elected to wind up the business of the LLC and is in the process of paying liabilities and distributing assets. In order to terminate the LLC, the LLC also must file a Certificate of Cancellation (Form LLC-4/7).

Take a Member Vote. If the LLC Operating Agreement does not specify guidelines for canceling the LLC, the Delaware LLC Act states that the LLC may be canceled after affirmative or written consent of members who own more than two-thirds of the current percentage ownership.