With corporations, there may come a time when the people who own the business decide it’s time to call it quits. If you’ve reached this point, there are steps you need to follow to formally dissolve your corporation and wind up your business.
Learn the basic steps for dissolving a corporation in your state.
Closing Your Business: What You Need to Do
Whatever your reasons for closing your business, there are a few legal tasks you need to undertake to protect yourself, your credit, and your reputation in the community, especially if you ever want to go into business again.
Distribute Any Remaining Assets to Owners When You Close Your Business
When you're closing your business, take precautions to guard yourself from liability before you pay out money and assets to the business owners.
How to Dissolve a Corporation in California
For some corporations, a time comes when the people who own and run things voluntarily decide to close the business.
How to Dissolve a Corporation in Delaware
For some corporations, a time comes when the people who own and run things voluntarily decide to close the business.