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Usually this involves a vote by the board of directors and another by the shareholders, but more or less may be required depending on the local laws and the articles of incorporation. Second, one must satisfy the required filings and fees for the federal and state governments in which the business is registered.
Nevada Dissolution FAQs Dissolving a business entity in Nevada comes with a $100 filing fee. For expedited service, you have to pay an additional $125 for the 24-hour service, $500 for the two-hour service, and $1,000 for the one-hour processing.
You must file Form 966, Corporate Dissolution or Liquidation, if you adopt a resolution or plan to dissolve the corporation or liquidate any of its stock. You must also file your corporation's final income tax return.
There are 3 main ways a company can be dissolved ? administratively, voluntarily, and judicially.
There are three main steps involved in a voluntary dissolution of a corporation: Filing the document to dissolve the corporation with the state. Wrapping up operations of the business. Liquidating and then distributing the assets of the corporation to the shareholders.