Maryland Withdrawal of Assumed Name for Corporation — A Detailed Description The Maryland Withdrawal of Assumed Name for Corporation refers to the legal process by which a corporation terminates and withdraws its assumed name registration in the state of Maryland. This voluntary procedure is important when a corporation no longer wishes to conduct business under its assumed name or wants to use a different name. To initiate the Maryland Withdrawal of Assumed Name for Corporation, the corporation must file the appropriate form with the Maryland Department of Assessments and Taxation (SEAT). The specific form used for withdrawal may vary depending on the type of corporation and its status. The most commonly used form is the Maryland Withdrawal of Assumed Name for Corporation Form (SEAT 7.05). To ensure the accurate processing of the withdrawal, it is crucial to provide relevant information on the form, such as the corporation's name, identification number, the assumed name being withdrawn, and the effective date of withdrawal. It is also important to include the signature of an authorized individual, typically a director or officer of the corporation. The Maryland Withdrawal of Assumed Name for Corporation form can be submitted by mail or in person to the Maryland Department of Assessments and Taxation. The corporation must also pay the required filing fee, which can vary depending on the type of corporation and the method of submission. Upon successful completion of the withdrawal process, the corporation's assumed name will be officially terminated, and the corporation will no longer be authorized to conduct business under that name. It is important to note that the withdrawal of an assumed name does not dissolve the corporation itself, but only removes the authorization to operate under the specific name. Additionally, it is worth mentioning that Maryland offers other types of withdrawals for corporations. One such type is the Maryland Certificate of Withdrawal of Foreign Corporation, which applies to foreign corporations (those incorporated in another state) that want to cease their activities in Maryland. This withdrawal type requires filing the appropriate form with the Maryland Department of Assessments and Taxation and meeting specific requirements outlined by the state. In conclusion, the Maryland Withdrawal of Assumed Name for Corporation is a legal process that allows a corporation registered in Maryland to terminate and withdraw its assumed name. By filing the necessary form and paying the required fees, corporations can effectively discontinue the use of a particular name. It is important to carefully follow the procedures and provide accurate information during the withdrawal process. Furthermore, foreign corporations also have a separate withdrawal procedure, known as the Maryland Certificate of Withdrawal of Foreign Corporation.
Maryland Withdrawal of Assumed Name for Corporation
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Hear this out loud PauseIt doesn't cost anything to file articles of dissolution or cancellation unless you want expedited service, and then it's $50 for each document. Wrapping up an LLC's affairs will cost time and money due to registered mailing and administrative expenses.
You can file your Maryland DBA online or by mail. You will register your DBA through the Maryland State Department of Assessments & Taxation office. You can file your Maryland DBA online with the Maryland Business Express website. You must download and complete the Trade Name Application to file your DDA by mail.
To remove a member from your LLC, a withdrawal notice, a unanimous vote, or a procedure depicted in the articles of organization may entail. The member in question of removal may need to get compensated for his share of membership interests.
Hear this out loud PauseTo terminate a Maryland Limited Liability Company (?LLC?) "Articles of Cancellation" must be submitted to: Department of Assessments and Taxation, Charter Legal Department, 301 W. Preston Street, Room 801, Baltimore, MD 21201.
Hear this out loud PauseIn order to maintain Good Standing status, it is important that you file required annual reports and maintain compliance with any applicable Maryland laws. Failing to do so means your entity may be ?Not in Good Standing,? which eventually leads to forfeiture.
To close your withholding account, please call 410-260-7980 or 1-800-638-2937, Monday ? Friday, am to pm. You can also close your withholding account by completing Form MW506FR, or by completing and resubmitting the Final Report Form in your withholding coupon booklet.
Hear this out loud PauseTo dissolve your LLC in Maryland, you file Articles of Cancellation with the Maryland State Department of Assessments and Taxation (SDAT) by mail or in person. If you send documents to the SDAT by mail, you just need to include a check for fees.
To dissolve a Maryland LLC, you'll need to file a document called Articles of Cancellation with the Maryland State Department of Assessments and Taxation (SDAT). To dissolve a Maryland corporation, you'll need to file Articles of Dissolution, which is basically the same thing, just specific to a corporate entity.
