Wyoming Sample Letter regarding Notification of Official Notice of Intent to Administratively Dissolve or Revoke Corporation
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How to fill out Sample Letter Regarding Notification Of Official Notice Of Intent To Administratively Dissolve Or Revoke Corporation?
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Wyoming laws on close corps allow small corporations to forego many traditional corporate formalities, while still enjoying the benefits. A departure from regular business corporations, Close Corporations do not require a board of directors, this means ongoing operations generate less paperwork.
Dissolving a corporation in Wyoming can go one of two ways: Don't file your next annual report and let the Wyoming Secretary of State administratively dissolve your corporation. File Articles of Dissolution with the Wyoming Secretary of State.
How to Reinstate Your Wyoming LLC Go to the Wyoming Secretary of State Website. To reinstate a Wyoming LLC you must visit the Secretary of State website reinstatment page. ... Appoint a New Wyoming Registered Agent. ... Gather Your Back Annual Reports. ... Send All Forms and Payment to the Secretary of State. ... Wait for Approval.
To revive a Wyoming LLC, you'll need to file the Reinstatement Form with the Wyoming Secretary of State. You'll also have to fix the issues that led to your Wyoming LLC's dissolution.
Inactive - Administratively Dissolved or Revoked (Tax): This entity has failed to file the required annual report by the 60th day following its due date. Inactive - Administratively Dissolved or Revoked (No Agent): This entity has failed to maintain a registered agent in this state.
After 60 days, the Secretary of State will commence Administrative Dissolution. When this happens, your LLC has legally forfeited your Articles of Organization or your Certificate of Authority. You can no longer legally operate your business in Wyoming. Your liability protections no longer apply.
Formal LLC Dissolution. A formal dissolution requires submitting Articles of Dissolution and a $50 check to the Wyoming Secretary of State. Once received, there is a 3-5 day processing time before the documents are filed online and the company is formally closed.
Administrative dissolution is an action taken by the Secretary of State that results in the loss of a business entity's rights, powers and authority.
