Correction Statement and Agreement - Wisconsin 2025

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Dissolving Your LLC in Wisconsin Step 1: Vote to Dissolve the LLC. Step 2: Wind Up All Business Affairs and Handle Any Other Business Matters. Step 3: Notify Creditors and Claimants About Your LLCs Dissolution. Step 4: Notify Tax Agencies and settle remaining taxes.
While both words are concerned with the end of a business partnership, dissolution refers to the process itself, and usually to the departure (or death) of one or more individuals from the entity, while termination refers to the cessation of all operations, including the disposal of all assets.
What typically has to be done. Notifying creditors that the LLC is dissolved. Closing out bank accounts. Canceling business licenses, permits, and assumed names. Paying creditors or establishing reserves to pay them. Paying taxes. Filing final tax returns and reports.
Wisconsin law authorizes statements of correction under three sets of circumstances: (1) where a record was inaccurate when it was filed; (2) where a record was defectively executed; or (3) where the electronic transmission of the record to the Department was defective.
Corporations, limited liability companies, limited liability partnerships, limited partnerships, nonprofits, and franchises MUST register with DFI .

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Corporation Fees ​​​​Business Corporation​Limited Liability Company ​Dissolution/Cancellation/Termination ​$35.00 $35.00​ ​Dissolution/Termination Online Filing ​​$20.00 $20.00​ Rescission​/Revocation of Dissolution $​10.00​ $10.00 ​​Statement of Correction ​$40.00 $40.00​11 more rows
Any company registered in Wisconsin can order certified copies of its official formation documents from the Wisconsin Department of Financial Institutions. Processing time is typically 5-7 business days plus mailing time.

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