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Steps to Dissolve Your Nevada Business Establish a valuation of your Nevada business. Compile a full account of your Nevada business's debts. Identify Nevada's official dissolution document. Follow instructions in your Nevada business's operating document. Cancel your Nevada business's permits, licenses, and registrations.
To dissolve a corporation or LLC in Nevada, there is a $100 filing fee required. Expedited service within 24 working hours is available for an additional $125 fee. Expedited service within two hours is available for an additional $500 fee. Expedited service in one hour is available for an additional $1,000.
To dissolve your domestic LLC in Nevada, you must provide the completed Articles of Dissolution For a Nevada limited liability company and Customer Order Instructions forms to the Secretary of State by mail, fax, email or in person, along with the filing fee.
Shareholder Distribution The final step of dissolution involves distributing the company's remaining assets among the owners (a.k.a. shareholders). The assets may include the money kept in bank accounts or obtained from disposing of the company's non-cash assets.
Annual Report and Business License The fee for submitting your annual list is $150. Also due at the time of filing is your annual business license renewal fee of $500.
The process to dissolve your corporation in California is relatively straightforward. However, if you qualify for one of the special dissolution procedures, you might need additional help navigating the process.