Hawaii Articles of Dissolution are legal documents that officially end a business entity's existence in the state of Hawaii. There are two types of Hawaii Articles of Dissolution: voluntary and involuntary. A voluntary Hawaii Article of Dissolution is used when a business entity voluntarily dissolves, typically due to lack of business or financial issues. This document must be signed by all owners, directors, and officers of the business entity and filed with the Hawaii Department of Commerce and Consumer Affairs. An involuntary Hawaii Article of Dissolution is used when a business entity is involuntarily dissolved by a court order, typically due to non-payment of taxes or other legal requirements. This document must include the court's order and must be filed with the Hawaii Department of Commerce and Consumer Affairs. Both types of Hawaii Article of Dissolution must include information such as the business entity's name, date of dissolution, and statement of dissolution.
Hawaii Articles of Dissolution
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How to fill out Hawaii Articles Of Dissolution?
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FAQ
How do you dissolve a Hawaii Corporation? To dissolve your Hawaii Corporation, file Form DC-13, Hawaii Articles of Dissolution with the Hawaii Department of Commerce and Consumer Affairs, Business Registration Division (BREG) by mail, fax, or in person. The articles of dissolution cannot be filed online.
After a company is dissolved, it must liquidate its assets. Liquidation refers to the process of sale or auction of the company's non-cash assets. Note that only those assets your company owns can be liquidated. Thus, you can't liquidate assets that are used as collateral for loans.
If I decide to stop operating my business, do I need to cancel my license? Yes. Cancel your license by signing into Hawaii Tax Online or cancel your license(s) by submitting a Form GEW-TA-RV-1.
Is there a filing fee to dissolve or cancel a Hawaii LLC? There is a $25 filing fee to dissolve your Hawaii Limited Liability Company. Processing may be expedited for an additional $25 fee.
To dissolve your Hawaii Corporation, file Form DC-13, Hawaii Articles of Dissolution with the Hawaii Department of Commerce and Consumer Affairs, Business Registration Division (BREG) by mail, fax, or in person. The articles of dissolution cannot be filed online.
Shareholders must authorize the liquidation and dissolution of the corporation by special resolution. If there is more than one class or group of shareholders, each class or group must pass a special resolution to authorize the dissolution even if these shareholders are not otherwise entitled to vote.