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Is there a fee to dissolve LLC in Utah?

File articles of dissolution with the Secretary of State. You can submit this document by mail to Utah Division of Corporations and Commercial Code. There is no filing fee required for filing articles of dissolution.

What are the methods of dissolving a corporation?

Modes of dissolution A corporation may be dissolved voluntarily or involuntarily. Voluntary dissolution could be done by (1) shortening the corporate term, (2) filing a request for dissolution (where no creditors are affected), and (3) filing a petition for dissolution (where creditors are affected).

How do I dissolve an LLC in Utah?

To dissolve an LLC in Utah you need to file the Statement of Dissolution with the Utah Division of Corporations Commercial Code through mail. There is no filing fee charged in Utah.

Why should I dissolve my LLC?

Closing Correctly Is Important Officially dissolving an LLC is important. If you dont, you can be held personally liable for the unpaid debts and taxes of the LLC. A few additional fees you should look for; Many states also levy a fee against LLCs each year.

What does it mean when a companys filing status is dissolved?

Dissolution is a legal process that terminates a business entitys existence. If a corporation or LLC is not properly dissolved, it continues to exist as a legal entity under state law. This means that it still faces corporate or LLC filing requirements, such as annual reports and franchise taxes.

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