Articles of Cancellation of a Virginia Limited Liability Company are documents filed with the State Corporation Commission of Virginia in order to officially dissolve the company. This document must be signed by all members of the company, and it must include the company name, the company ID number, the date of dissolution, and the name of the registered agent. It must also include a statement that the dissolution is in compliance with the Virginia Limited Liability Company Act and any other applicable laws. There are two types of Articles of Cancellation of a Virginia Limited Liability Company: voluntary and involuntary. A voluntary dissolution is when the members of the company have agreed to voluntarily dissolve the company, and an involuntary dissolution is when the company is forced to dissolve due to a court order or other legal action.
Articles of Cancellation of a Virginia Limited Liability Company
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How to fill out Articles Of Cancellation Of A Virginia Limited Liability Company?
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FAQ
To dissolve your Virginia Corporation that has not issued shares or has not commenced business, you file Form SCC751, Articles of Termination of Corporate Existence. This form needs to be signed by a majority of initial directors or if there are none, by a majority of the incorporators.
Articles of Dissolution, known in Virginia as Articles of Cancellation, are the forms that you file to voluntarily dissolve your LLC. Once this document has been filed and processed, your LLC will no longer legally exist. Virginia requires business owners to submit their Articles of Cancellation by mail or online.
Filing the Virginia LLC Articles of Organization is necessary when forming a limited liability company. There is an order to follow during this process, which is listed below.
If the Commission finds that the articles of cancellation comply with the requirements of law and that all required fees have been paid, it shall by order issue a certificate of cancellation, canceling the limited liability company's existence.
Is there a filing fee to dissolve or cancel a Virginia LLC? To dissolve your Limited Liability Company in Virginia, there is a $25 filing fee.
City Requirements ?To inactivate a business license, notification must be submitted in writing. The notification must be signed by the owner of the business, a member of the Limited Liability Company or officer of the Corporation and it must also indicate the exact out-of-business date.
To dissolve your Virginia Limited Liability Company you complete and file form LLC-1050, Articles of Cancellation of a Virginia Limited Liability Company. You state on the form that you have completed winding up affairs and the instructions refer to paying all debts, liabilities and obligations of the company.
Use Virginia Form SCC710N, Articles of Amendment ? Changing the Name of a Virginia Stock Corporation by Unanimous Consent of the Shareholders. Complete and file this form strictly for amending the name of your Virginia Corporation. File it by mail or in person.