Stockholders Corporate Resolutions Withdrawal In Phoenix
Description
Form popularity
FAQ
(a) Any corporation may elect voluntarily to wind up and dissolve by the vote of shareholders holding shares representing 50 percent or more of the voting power.
The paperwork processing only takes a few days, but the other aspects of the dissolution process can take several weeks or months. This includes the time it takes to finalize business obligations, settle your debts, comply with state regulations, notify the IRS, and more.
Form 966 is typically filed by C corporations (including S corporations that were previously C corporations) that have made the decision to terminate their existence and wind up their affairs.
A withdrawal. Corporate or LLC dissolution is an official filing with the state where your business was originally formed. The action will terminate the legal existence of your company — wherever it does business.
Corporation filing requirements (includes S corporations), updated December 6, 2023. 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.
To dissolve your LLC in Arizona, you submit the completed Form LL: 0020 Articles of Termination to the Arizona Corporation Commission (ACC) by mail, fax, or in person. Arizona has a cover sheet that should be included with filings. The Articles of Termination and coversheet are available online (see link below).
Dissolve a Corporation in Arizona Get Directors and Shareholders to Vote for Corporate Dissolution. Notify the IRS and Get Tax Clearance to Dissolve Your Corporation. Close Corporate Accounts and Cancel Business Licenses. File a Certificate of Dissolution with the Arizona Secretary of State.
If you want to file an annual report, please log into or create an eCorp account and file online. All documents must be submitted with a Cover Sheet. The Cover Sheet is a Miscellaneous form. All forms are in PDF format and are fillable (you can type in them).
To withdraw or cancel your foreign LLC in Arizona, file two copies of Form LL: 0009, Cancellation of Application for Registration with the Arizona Corporations Commission. The form is available online (see link below).
One of the fundamental rights of a shareholder is the right to withdraw from the corporation. The General Law of Commercial Corporations (the “Law”) regulates this right in Articles 15 and 220.
