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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.
To dissolve your Wyoming Corporation, you submit in duplicate the completed Profit Corporation Articles of Dissolution by Incorporators or Initial Directors or Profit Corporation Articles of Dissolution by Shareholders form to the Secretary of State by mail or in person, along with the filing fee.
File the appropriate dissolution, surrender, or cancellation SOS form(s) within 12 months of filing your final tax return.
Administrative dissolution is the taking away of the rights, powers, and authority of a domestic corporation, LLC, or other statutory business entity by the state administrator overseeing business entities, due to the entity's failure to comply with certain obligations of the business entity statute.
Steps to dissolving a corporation or obtaining a corporate dissolution Call a board meeting. ... File a certificate of dissolution with the Secretary of State. ... Notify the Internal Revenue Service (IRS) ... Close accounts and credit lines, cancel licenses, etc.
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.
To change the address of a Wyoming LLC, you will need to file an Update Form with the Secretary of State and file separately with the IRS.
Administratively Dissolve a Wyoming LLC This is the least expensive way of winding down your LLC in Wyoming. It does not technically require you to do anything. All you must do is fail to file your annual report. After a 60 day grace period the Secretary of State will place the company in administrative dissolution.