The dissolution package contains all forms to dissolve a LLC or PLLC in Arizona, step by step instructions, addresses, transmittal letters, and other information.
Tucson Arizona Dissolution Package to Dissolve Limited Liability Company LLC
Category:
State:
Arizona
City:
Tucson
Control #:
AZ-DP-LLC-0001
Format:
Word;
Rich Text
Instant download
Description
Free preview
How to fill out Arizona Dissolution Package To Dissolve Limited Liability Company LLC?
We consistently aim to minimize or avert legal complications when engaging with intricate law-related or financial issues.
To achieve this, we seek legal options that are typically very expensive.
Nevertheless, not every legal concern is as complicated.
The majority of these can be managed by ourselves.
Benefit from US Legal Forms whenever you require to obtain and download the Tucson Arizona Dissolution Package to Dissolve Limited Liability Company LLC or any other document quickly and securely.
- US Legal Forms is a digital repository of current DIY legal documents covering everything from wills and powers of attorney to articles of incorporation and dissolution petitions.
- Our library enables you to handle your issues independently without the need for an attorney.
- We offer access to legal document templates that may not be readily available to the public.
- Our templates are tailored to specific states and regions, which greatly simplifies the search process.
Form popularity
FAQ
To close an LLC completely, you need to file a final tax return with the state and the IRS. Make sure you check the box to show this is the final return for the LLC. Fill out Schedule K-1 and give a copy to each member so that they know what to report on their own personal taxes in terms of losses and gains.
There are no general annual fees for Arizona LLCs. However, there may be license or permit fees depending on your business type.
Termination: All that must be done has been done This document may be called articles of termination, articles of cancellation, or a similar name. In it, the LLC has to state that all debts and liabilities have been paid or provided for and any remaining assets distributed.
While both words are concerned with the end of a business partnership, dissolution refers to the process itself, and usually to the departure (or death) of one or more individuals from the entity, while termination refers to the cessation of all operations, including the disposal of all assets.
How much does it cost to form an LLC in Arizona? The Arizona Corporations Commission charges a $50 fee to file the Articles of Organization. It is an additional $35 for expedited processing.
These terms are often used interchangeably, but have distinct legal meanings. Dissolution is the winding up of the affairs of the entity in advance of the termination of the entity. Termination of the entity occurs when the entity ceases to legally exist.
The only way a member of an LLC may be removed is by submitting a written notice of withdrawal unless the articles of organization or the operating agreement for the LLC in question details a procedure for members to vote out others.
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.
The filing fee is $35.00. 602-542-3026. All fees are nonrefundable.