[Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Title] [Company Name] [Company Address] [City, State, ZIP] Subject: Official Notice of Intent to Administratively Dissolve or Revoke [Company Name] Dear [Recipient's Name], I am writing to officially notify you of the intent to administratively dissolve or revoke the existence of [Company Name], a Rhode Island business entity. This notice is being sent in accordance with the applicable laws and regulations governing business entities in the State of Rhode Island. 1. Rhode Island Secretary of State Identification Number: [Identification Number] 2. Date of Incorporation/Formation: [Date of Incorporation/Formation] 3. Business Entity Type: [Type of Business Entity] Reason for Intent to Dissolve or Revoke: [Provide a succinct explanation as to why the dissolution or revocation process has been initiated. This could be due to non-compliance with required filings, failed annual reports, failure to pay necessary taxes, or any other applicable reason.] Effective Date of Dissolution or Revocation: [Specify the date when the dissolution or revocation will officially take effect. This may vary depending on the circumstances of the case.] Consequences of Dissolution or Revocation: [Describe the potential consequences or impacts of the dissolution or revocation process on the business entity and its stakeholders. This may include the loss of legal protections, inability to conduct business operations, potential liability for outstanding debts or obligations, etc.] Required Actions: [List any specific actions that need to be taken by the recipient in order to prevent the dissolution or revocation from being finalized. This could include filing any outstanding reports, paying outstanding fees or taxes, or providing evidence of compliance with relevant regulations.] Contact Information: [Provide the contact information for the appropriate department or individual who can address any queries, provide further instructions, or assist with the resolution of the outstanding issues.] Please be advised that failure to take appropriate action within the specified timeframe may result in the administratively forced dissolution or revocation of [Company Name]. It is thus crucial that you act promptly upon receipt of this notice to rectify the non-compliance issues. Thank you for your attention to this matter. Sincerely, [Your Name] [Your Title] [Company Name] (if applicable)
Rhode Island Sample Letter for Official Notice of Intent to Administratively Dissolve or Revoke
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How to fill out Rhode Island Sample Letter For Official Notice Of Intent To Administratively Dissolve Or Revoke?
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FAQ
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.
Rhode Island LLC Formation Filing Fee: $150 The primary cost when starting a Rhode Island LLC is the $150 fee ($152.50 online) to register your business with the Rhode Island Department of State' Business Division.
When the business dissolves, officers are responsible for the liquidation of company assets. Proceeds from the sale are then payable for outstanding debts that remain. Once all the debts are satisfied, the owners or shareholders of the business may claim and divide the balance of the assets.
To dissolve your Rhode Island LLC, submit the completed Articles of Dissolution to the Rhode Island Secretary of State (SOS) by mail or in person. Your LLC has to be in good standing to dissolve, so make sure you have filed all annual reports and maintained a Rhode Island registered agent.
Maintain Your Business in Rhode Island File an Annual Report. Business Corporations and Limited Liability Companies must file an annual report with the RI Department of State. ... Maintain a Registered Agent/Office. Maintain a valid registered agent and registered office on file with the RI Department of State. ... Pay Taxes.
To dissolve your Rhode Island LLC, submit the completed Articles of Dissolution to the Rhode Island Secretary of State (SOS) by mail or in person. Your LLC has to be in good standing to dissolve, so make sure you have filed all annual reports and maintained a Rhode Island registered agent.
