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To officially dissolve your business in D.C., you must file a formal dissolution document with the Washington D.C. Corporations Commission of the Department of Consumer and Regulatory Affairs (DCRA). The two most common forms are: Corporations ? Articles of Dissolution of a Domestic For-profit Corporation ? Form DBU-7.
Your corporation's shareholders will have to pass a resolution approving the dissolution of the company. Dissolution resolutions will typically need to be prepared by a lawyer. Once all property and liabilities are liquidated, you can submit your articles of dissolution to the government. Should I Dissolve My Corporation if I'm No Longer Operating It? - Ownr ownr.co ? blog ? dissolving-a-corporation ownr.co ? blog ? dissolving-a-corporation
What typically has to be done. Notifying creditors that the LLC is dissolved. Closing out bank accounts. Canceling business licenses, permits, and assumed names. Paying creditors or establishing reserves to pay them. Paying taxes. Filing final tax returns and reports. How to close an LLC: Dissolution, winding up, and termination wolterskluwer.com ? expert-insights ? dissol... wolterskluwer.com ? expert-insights ? dissol...
Articles of dissolution are the reverse of organization or incorporation articles ? they end your business entity's existence.
LLC ? If Washington D.C. forfeits your LLC, you will have to reinstate it so you can do business again. File a completed Reinstatement of Domestic Filing Entity with the Department of Consumer and Regulatory Affairs (DCRA) form by mail or in person. An original signature is not necessary for LLC filings. District Of Columbia Reinstatement Instructions - DoMyLLC.com domyllc.com ? reinstatements ? district-of-c... domyllc.com ? reinstatements ? district-of-c...
Is there a filing fee to dissolve or cancel a District of Columbia Corporation? There is an $220 filing fee for articles of dissolution. You can pay an additional $50 to have the form processed in three days. You can have the document processed in one day if you pay a $100 expedite fee.
To dissolve your LLC in the District of Columbia, file Form DLC-8, Statement of Dissolution for Domestic Limited Liability Company with the Department of Licensing and Consumer Protection (DLCP). Feel free to draft your own articles, but do not handwrite on DLCP forms.