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Dissolution

File dissolution paperwork with the state you filed in your company can be tough at times.

$150.00
+ State Fees
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Dissolving Your LLC or Corporation

How to Close an LLC or Corporation?

A company begins with Articles of Incorporation when it is formed, therefore it makes sense that Articles must be filed to dissolve a company that has been in operation. Without filing the proper paperwork, the business owner will continue to be liable for taxes and other state requirements. Fortunately, closing a company is really a matter of paperwork.

In order to properly close a corporation or LLC that is no longer transacting business, the company must file Articles of Dissolution with the state of incorporation. Neglecting to file Articles of Dissolution for a company that is no longer active may expose the corporation or LLC to unnecessary recurring fees or taxes.

Business dissolution is primarily an act of filing Articles of Dissolution with your secretary of state. However, if a business is not in a sound position with the state to dissolve, other legal matters may complicate the process.

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Steps to dissolving your LLC or Corporation

Hold a meeting with the Board of Directors

In this case, you want the minutes of your meeting to reflect that a vote was taken and appropriate majority (as outlined in your incorporation papers) was achieved. Those companies with shareholders will want a written documentation of this decision signed by all company owners. Some companies, such as single-member LLCs will not need to complete this step.

File the Articles of Dissolution

The paperwork must be completed and signed by the Registered Agent of your company. You will be issued a Certificate of Dissolution that formalizes the termination of business activity in your state. Once dissolution is properly documented, all branches in other states will automatically be dissolved as well. The dissolution of a company must take place in the state where incorporation took place.

Notify the IRS

This step is important because it will provide you with a "consent to dissolution" or "tax clearance" that makes the process a smooth one. It will be necessary to pay all federal and state taxes due at this time to receive this consent. This document(s) will be required by the secretary of state to achieve a formal dissolution. While we'll help you file your Articles of Dissolution, you will be responsible for contacting the IRS to receive any tax clearances, etc.

APPLICATION & RENEWAL

Pricing

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NEW ITIN APPLICATION
$550
One time fee
EXISTING ITIN RENEWAL
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Every 3 years

FAQs

Find answers to frequently asked questions

Why do I have to pay annually?
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Other companies might offer one time payment today but charge you later for fees to keep your business compliant. If you don't pay the fees, your business may fall out of compliance with the state and you'll be charged hefty penalty fees. We want to help you avoid that. That's why with us, your annual payment goes toward your registered agent service, maintaining your US address, scanning your mail, and filing any required documents for your company to keep it current throughout the year so you don't have to worry about legal paperwork. Our goal here is to help you avoid dealing with any of the paperwork or headaches of maintaining compliance so you can focus on what you do best: your business.
Do I need to visit the USA to open a bank account?
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Nope! We handle everything remotely. You'll just need to provide your passport as identity verification and we'll work directly with the bank to open your account.
Do you help with taxes?
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We work with our partners to help provide you with an easy way to file your taxes. Our partner GBS Tax Services has packages based on revenue. A 100k/yr company will cost around $750 to file. We also help our Pro plan customers with a free CPA assessment and free bookkeeping up to 10k in revenue. We recommend clients who file with us to purchase accounting services elsewhere so that they can obtain the personalized service they need for their business. But if you're looking to just get a high-level overview of the expected costs, our team estimates a standard tax return for a small business generating less than 100k in revenue to be anywhere from $175 to $820.
What do I need to get started?
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To get started, simply fill out our online form, submit your payment, upload your documentation and we'll handle the rest.​
Do I need to be a U.S. Citizen with an SSN to use Jumpstart?
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No, you don't need to be a U.S. Citizen with an SSN to use Jumpstart. We support non-residents from over 175+ countries. If you do have an SSN, let us know and we can expedite your application.
Why should I start a U.S. Company?
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Most of our clients start U.S. companies to access the U.S. market, reduce their personal liability, and access U.S. payment/banking infrastructure.

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