LLC Termination Forms

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Commonly Asked Questions about LLC Termination Forms

How do I avoid $800 LLC fees in California?

If you cancel your LLC within one year of organizing, you can file Short form cancellation (SOS Form LLC-4/8) with the SOS. Your LLC will not be subject to the annual $800 tax for its first tax year.

How much does it cost to dissolve an LLC in NY?

Complete and file the Articles of Dissolution with the Department of State. The completed Articles of Dissolution, together with the statutory fee of $60, should be forwarded to: New York Department of State, Division of Corporations, One Commerce Plaza, 99 Washington Avenue, Albany, NY 12231.

What is the difference between dissolving and cancelling an LLC?

Although some people confuse dissolution and termination, dissolution does not terminate an LLCs existence. What it does is change the purpose of its existence. Instead of conducting whatever business it conducted before, a dissolved LLC exists solely for the purpose of winding up and liquidating.

How much does it cost to terminate an LLC in California?

There is no filing fee to dissolve or cancel a California LLC.

What is difference between termination and cancellation LLC?

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).

How much does it cost to cancel an LLC in California?

There is no fee to file the California dissolution forms. To speed up the process, you can pay for expedited service and preclearance. Preclearance means that you can drop your document off in person for a review prior to filing to ensure you havent made any mistakes that will get your filing rejected.

How do I terminate an LLC in CA?

Four steps to dissolve your California LLC Step 1: File certificate of dissolution. Step 2: Give notice to creditors and Franchise Tax Board. Step 3: Submit the certificate of cancellation. Step 4: Address registrations from out of state.