Oregon Resolution of Meeting of LLC Members to Dissolve the Company

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US-206LLC
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This form is a Resolution of Meeting of LLC Members to dissolve the company form.

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FAQ

Closing Correctly Is ImportantOfficially dissolving an LLC is important. If you don't, you can be held personally liable for the unpaid debts and taxes of the LLC. A few additional fees you should look for; Many states also levy a fee against LLCs each year.

To close their business account, partnerships need to send the IRS a letter that includes the complete legal name of their business, the EIN, the business address and the reason they wish to close their account.

How to Dissolve a PartnershipReview and Follow Your Partnership Agreement.Vote on Dissolution and Document Your Decision.Send Notifications and Cancel Business Registrations.Pay Outstanding Debts, Liquidate, and Distribute Assets.File Final Tax Return and Cancel Tax Accounts.Limiting Your Future Liability.

To dissolve/terminate your LLC in Oregon, you must provide the completed Articles of Amendment/Dissolution Limited Liability Company form to the Oregon Secretary of State Corporation Division by mail, in person or by fax with a Fax Cover Sheet. Original signature is NOT required.

How to Dissolve an LLCVote to Dissolve the LLC. Members who decide to dissolve the company are taking part in something called a voluntary dissolution.File Your Final Tax Return.File an Article of Dissolution.Settle Outstanding Debts.Distribute Assets.Conduct Other Wind Down Processes.

How to Dissolve an LLCConfirm the Company Is in Good Standing.Hold a Vote to Dissolve the Business.File LLC Articles of Dissolution.Notify the Company's Stakeholders.Cancel Business Licenses and Permits.File the LLC's Final Payroll Taxes.Pay Final Sales Tax.File Final Income Tax Returns.More items...?19-Oct-2021

Follow These StepsFile Closure With the Secretary of State. Find your business type on the Business Registration Forms page.Settle Assets. If a business is permanently closing, assets of the business may need to be sold off and reported as taxable income for the business.Close Any Licenses.Taxes.

The dissolution is initiated by a resolution by the board of directors who submit it at a meeting of the shareholders. The shareholders each vote and if the resolution is approved, the directors have the authorization to proceed with the dissolution process.

After taking the necessary action to dissolve your LLC, you must file articles of dissolution with the Oregon Secretary of State ("SOS"). To complete the articles of dissolution, you simply need to provide the name of your LLC, the date of dissolution, and one or more authorized signatures.

In order to dissolve or terminate an LLC in Oregon, you must send your Articles of Amendment and Dissolution Limited Liability Company form to the Oregon Secretary of State Corporation Division by mail, in person, or by fax. It is not necessary to have an original signature.

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Oregon Resolution of Meeting of LLC Members to Dissolve the Company