The dissolution package contains all forms to dissolve a LLC or PLLC in Arizona, step by step instructions, addresses, transmittal letters, and other information.
The dissolution package contains all forms to dissolve a LLC or PLLC in Arizona, step by step instructions, addresses, transmittal letters, and other information.
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The Certificate of Dissolution puts all on notice that the LLC has elected to wind up the business of the LLC and is in the process of paying liabilities and distributing assets. In order to terminate the LLC, the LLC also must file a Certificate of Cancellation (Form LLC-4/7).
To dissolve your Corporation in Arizona, you submit the completed Form CF: 0030 Articles of Dissolution and one exact copy to the Arizona Corporation Commission (ACC) by mail, fax, or in person. The Articles of Dissolution are available online (see link below).
If you no longer wish to conduct business with your LLC, it is important to officially dissolve it. Failure to do so in a timely fashion can result in tax liabilities and penalties, or even legal trouble. To dissolve an LLC in Arizona, simply follow these three steps: Follow the Operating Agreement.
A ?Canceled? LLC occurs when all of the members agree to the cancellation and a Certificate of Cancellation is filed with the State. The result is the termination of the powers, rights, and privileges of the LLC.
Dissolution: The beginning of the end, not the end itself. What it is and what it isn't. Dissolution is the first step in the termination process is to dissolve the LLC. Although some people confuse dissolution and termination, dissolution does not terminate an LLC's existence.
The filing fee is $35.00. 602-542-3026. All fees are nonrefundable.
Unless formally terminated or unless the Articles of Organization contain a termination date, an Arizona limited liability company will exist ?forever.? Unlike an Arizona corporation, an Arizona LLC does not have to file an annual report with the Arizona Corporation Commission or pay the ACC an annual fee.
To dissolve your LLC in Arizona, you submit the completed Form LL: 0020 Articles of Termination to the Arizona Corporation Commission (ACC) by mail, fax, or in person. Arizona has a cover sheet that should be included with filings. The Articles of Termination and coversheet are available online (see link below).
The dissolution process is more than just closing down your LLC. It also includes filling out paperwork to officially terminate the company's status in the eyes of the state. Once the LLC is dissolved, you'll be taxed as an individual and no more business reporting will be required.
Dissolution, also called winding up, is a process that members of an LLC will go through in preparation to cancel with the secretary of state and terminate the existence of the LLC. Cancellation is on the secretary of state's side, which terminates the rights, privileges, and powers of an LLC.