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can you reinstate your company after its been dissolved my name is andrew ayers im a small business and estate planning lawyer who works in minnesota and new york and today were going to talk about what happens to your company after its been dissolved if you want to reinstate it theres two categories of dissolutions when youre dealing with companies one is a voluntary dissolution the second is an involuntary dissolution a voluntary dissolution is when your company chooses to shut down maybe you and your partners have decided youre not going to go any further or its just your business and youve said youve had enough and youre going to go back to a different job or maybe just start a new company involuntary dissolutions happen in two main cases one if you fail to pay taxes your local state may just shut down your company administratively and the second is if a shareholder someone who owns the company maybe a co-owner or a partner decides that they want to dissolve the company
