Mississippi Dissolving a Law Firm

State:
Multi-State
Control #:
US-L07054
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Word; 
PDF; 
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Instant download

Description

This Plan of Dissolution of a Law Firm covers covers all necessary topics for the dissolution of the firm. Included are: Plan of dissolution, liquidation objectives, surrender of leasehold estates, estimated balance sheet items, termination of personnel, accounts receivable billing and collecting, cash management, professional liability, and indemnity issues.

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FAQ

After your corporation authorizes dissolution, you can dissolve your Mississippi corporation by filing the articles of dissolution with the Mississippi Secretary of State (SOS). The Mississippi Secretary of State has made filings faster and easier by doing everything online.

Although the content will vary, certain elements should be included in every letter of dissolution. These include: The name of the recipient and the name of the person sending the letter. The purpose of the letter, including the relationship to be terminated and the date of termination, stated in the first paragraph.

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.

Mississippi Dissolution FAQs The filing fee for the dissolution of a Mississippi LLC is $50. Corporations, on the other hand, need to pay $25 for the Articles of Dissolution. If the filing is completed online the state charges an additional processing fee.

Dissolve a Corporation in Mississippi Get Directors and Shareholders to Vote for Corporate Dissolution. ... Notify the IRS and Get Tax Clearance to Dissolve Your Corporation. ... Close Corporate Accounts and Cancel Business Licenses. ... File a Certificate of Dissolution with the Mississippi Secretary of State.

To revive a Mississippi LLC, you'll need to file the Application for Reinstatement Following Administrative Dissolution with the Mississippi Secretary of State. You'll also have to fix the issues that led to your Mississippi LLC's dissolution and obtain a tax clearance letter from the Mississippi Department of Revenue.

The filing fee for the dissolution of a Mississippi LLC is $50. Corporations, on the other hand, need to pay $25 for the Articles of Dissolution. If the filing is completed online the state charges an additional processing fee.

Filing accounts and a company tax return with HMRC. You must state that these are the final accounts due to the planned dissolution of the company. Asking HMRC to close down the company's payroll scheme and deregister for VAT. Confirm that the company can, or has, paid any outstanding debts.

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Mississippi Dissolving a Law Firm