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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.
To start a corporation in Nevada, you must file Articles of Incorporation with the Secretary of State. You can file this document online or by mail. The Articles of Incorporation and supporting documents costs $725 in combined fees.
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.
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.
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.