This form is a Resolution of Meeting of LLC Members to dissolve the company form.
Puerto Rico Resolution of Meeting of LLC Members to Dissolve the Company
Category:
State:
Multi-State
Control #:
US-206LLC
Format:
Word;
Rich Text
Instant download
Description
How to fill out Resolution Of Meeting Of LLC Members To Dissolve The Company?
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FAQ
The report must be filed electronically accessing the Commonwealth of Puerto Rico portal, and/or accessing directly the Registry of Corporations at or through the Department of State page at .
Filing and forming an LLC in Puerto Rico requires a $250 filing fee. Under Puerto Rico law, an LLC uses a limited liability company agreement, or LLCA, to govern the internal affairs and administration of the LLC.
How to Get a Certificate of Good Standing from the Puerto Rico Department of StateFiling fee ($15 for corporations, $25 for limited liability companies (LLCs), $0 for nonprofits)Entity name.Registration number.
Follow these steps to closing your business:Decide to close.File dissolution documents.Cancel registrations, permits, licenses, and business names.Comply with employment and labor laws.Resolve financial obligations.Maintain records.
A corporation cannot distribute its assets, nor may it dissolve, until its officers have paid or made provisions for all known debts and obligations. Under Corporations Code section 1905, to make provisions for a debt, another person or entity must either assume the debt, or personally guarantee its payment.
Dissolution is permitted by an authorised officer of a business entity can dissolve the registered corporation. A corporate resolution at the time of the dissolution action must be filed. When dissolution is made effective, the name of the corporation is reserved for a maximum of 30 days since the day of dissolution.
Annual reports must be filed electronically by accessing the Department of State website at . A $150 annual fee is payable when filing the report. The payment method is a major credit card or any other method provided at the Department of State website.
Puerto Rico corporations are treated as foreign corporations for U.S. income tax purposes.
A Puerto Rico LLC (limited liability company) is a business entity that offers strong liability protection and more flexibility than a corporation in how it can be managed and taxed.
Limited liability companies (LLCs) are becoming the preferred method of doing business in Puerto Rico. LLCs may be organized by any natural or legal person by filing articles of organization (also referred to as the certificate of formation) in the Puerto Rico State Department.
