Generic form with which a corporation may record resolutions of the board of directors or shareholders.
Generic form with which a corporation may record resolutions of the board of directors or shareholders.
Dissolving a Florida corporation typically involves obtaining approval from the corporation's directors or shareholders, filing the Articles of Dissolution with the Florida Department of State, and winding down the corporation's business affairs.
In this article Step 1: Hold a Board Meeting and Obtain Shareholder Approval. Step 2: File a Certificate of Election (If Required) Step 3: Notify Creditors and Settle Debts. Step 4: Handle Tax Obligations. Step 5: Distribute Remaining Assets. Step 6: File the Certificate of Dissolution & Final Documents. Conclusion.
The first step in dissolving a corporation usually involves having your board of directors vote and adopt a resolution to dissolve the corporation. Generally, you start the dissolution process by holding a meeting of the board of directors to vote on a resolution to approve the dissolution of the corporation.
When a corporation is liquidated, the transaction is subject to double taxation. This means that both the corporation and shareholders must generally recognize a gain or loss. The corporation usually deducts its liquidation expenses, such as professional and filing fees, on its final tax return.
Dissolution of corporations with the SEC Automatic dissolution (Sec. 21, RCC) ... Voluntary dissolution w/o creditors (Sec. 134, RCC) ... Voluntary dissolution where creditors are affected (Sec. 135, RCC) ... Shortening corporate term (Sec. 136, RCC) ... Involuntary dissolution (Sec. 138, RCC)
A Corporation Reinstatement can be filed by mail, fax or online. Please note that if your FL corporation was voluntarily dissolved by its shareholders, you do not file for reinstatement. That is a different process, called Revocation of Dissolution.
Steps to Dissolve a Florida Corporation File the Articles of Dissolution. “Wind Up” the Corporation. File a Notice of the Dissolution. File for Dissolution in Other States If Applicable. Wrap Up Any Other Outstanding Business Matters.