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Delaware Dissolution Package to Dissolve Corporation

Delaware Dissolve Corporation

Name: Delaware Dissolution Package to Dissolve Corporation
Brand: US Legal Forms
Price: 59.00 USD
Rating: 4.85 (381 reviews)

Category:

Delaware Corporations - Dissolution

State:

Delaware

Control #:

DE-DP-0001

Format:

Instant download

Description How To Dissolve A Delaware Corporation

The dissolution of a corporation package contains all forms to dissolve a corporation in Delaware, step by step instructions, addresses, transmittal letters, and other information.

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How to fill out Delaware Dissolution?

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Dissolve Delaware Corporation Form Other Form Names

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Delaware Dissolution Corporation Form Draft FAQ

An inactive business is a business that still exists but has no activity, which means no business transactions during a specific year.Even if the business has no income, it may still be considered active for tax purposes. There are many reasons a business may become inactive.

Failing to dissolve the corporation allows third parties to continue to sue the corporation as if it is still in operation. A judgment might mean that shareholders use the money received from distributed assets when the corporation closed down to satisfy judgments against the corporation.

Hold a meeting to authorize dissolution. Before you can formally dissolve a Delaware C corp., the board of directors or stockholders must vote and approve it. Pay all corporate taxes. Complete the documentation. Submit the certificate.

There is a $200 fee to file the certificate. Your filing usually will be processed in 2-3 weeks. Various forms of expedited service are available for additional fees. A basic certificate of cancellation form is available for download from the SOS website.

Blank templates for both the standard certificate of dissolution and the short form are available for download from the DOS website. The filing fee for the standard form is $204 for a one-page document and $9 for each additional page. The filing fee for the short form is $10. Filings are usually processed in 2-3 weeks.

A California corporation can be involuntarily suspended by the Secretary of State for its failure to abide by all applicable laws, including failure to file tax returns for five years or pay sales or income taxes. A suspended corporation has no legal capacity to sue or defend itself.

If you don't officially close the company, they'll still bill you, possibly with late fees. Some states will dissolve the LLC after that, but not all.If you have outstanding company debts, you need to settle up. You have to file a final tax return, pay final payroll taxes and cancel your EIN account with the IRS.

In most states, to keep a corporation active, the owners must file annual reports and income tax returns. They may have to pay annual fees as well. Failure to do these things can render the corporation inactive. A corporation may also voluntarily become inactive by ceasing to do business.

Delaware Dissolve Corporation

Description How To Dissolve A Delaware Corporation

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Dissolution Dissolve Corporation Document Form Rating

Delaware Dissolve Document Form popularity

Dissolve Delaware Corporation Form Other Form Names

Delaware Dissolution Corporation Form Draft FAQ

What does it mean when a corporation is inactive?

What happens if you do not dissolve a corporation?

How do I dissolve a Delaware corporation?

How much does it cost to dissolve an LLC in Delaware?

How much does it cost to dissolve a corporation in Delaware?

How do I close a Delaware corporation?

Can you sue an inactive corporation?

What happens if I don't close my business?

Can you put a corporation on hold?

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