Rhode Island Declaration of Dissolution of Unit
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How to fill out Declaration Of Dissolution Of Unit?
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FAQ
Dissolution is a legal process that terminates a business entity's existence. If a corporation or LLC is not properly dissolved, it continues to exist as a legal entity under state law. This means that it still faces corporate or LLC filing requirements, such as annual reports and franchise taxes.
To dissolve your corporation in Pennsylvania, you provide the completed Articles of Dissolution-Domestic (DSCB: 15-1977/5877) form to the Department of State, Corporation Bureau, by mail or in person. You may fax file if you have a customer deposit account with the Bureau.
Articles of dissolution are the reverse of organization or incorporation articles ? they end your business entity's existence.
Dissolving a Church or Nonprofit in Pennsylvania Take an Official Vote of the Board of Directors/Members. ... Obtain Tax Certificates. ... Obtain Attorney General Approval. ... Obtain Court Approval to Sell Real Estate. ... Ensure that Money Left Over is Transferred to a Similar Nonprofit.
This is accomplished through the filing of a Certificate of Dissolution, which must be signed by at least one member of the partnership and must specify information regarding the distribution of assets and the management of obligations and debts.
To withdraw a foreign Rhode Island corporation, you will need to submit an Application for Certificate of Withdrawal of a Foreign Business Corporation to the SOS. Once you have submitted all the required documents, the Certificate of Withdrawal or Cancellation is issued electronically by SOS.
To close your business in Rhode Island, you must satisfy all filing obligations with both the RI Division of Taxation and the RI Department of State. To dissolve your business, it must be active and up to date with all filings with the RI Department of State. To verify your status, email corporations@sos.ri.gov.
Pennsylvania doesn't administratively dissolve LLCs. However, if you fail to file your decennial report, your LLC's name will no longer be reserved for your use. To reinstate your LLC's name, you can file your late decennial report.
