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To help you have a better understanding of what you should do, here is a simple step-by-step guide: Step 1: File the Articles of Dissolution. As stated earlier, dissolving an LLC requires you to submit formal paperwork. ... Step 2: Close any business tax accounts. ... Step 3: Complete the winding-up process.
Articles of dissolution are the reverse of organization or incorporation articles ? they end your business entity's existence.
What is the code 489.302 in Iowa? Code 489.302 in Iowa is a statement of authority that must be filed with the Secretary of State for limited liability companies.
With an LLC, anyone can be a member, or owner, of the business. State PLLC laws often provide that only licensed professionals can be members, or that a certain number of members must be licensed professionals. A PLLC cannot be used to shield the members from claims for malpractice.
A statement of dissolution must be filed with the Iowa Secretary of State to dissolve your LLC formally. You can file the statement of dissolution online. Your Iowa LLC terminates once you pay the $5 fee and the dissolution statement is accepted.
How do you dissolve an Iowa Corporation? To dissolve your Iowa corporation, file Articles of Dissolution with the Secretary of State (SOS). There is no SOS dissolution form. Draft your Articles of Dissolution and submit the document and filing fee to the Iowa Secretary of State, Business Services Division (SOS).