British columbia dissolving company 2025

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  1. Click ‘Get Form’ to open the British Columbia Dissolving Company form in the editor.
  2. Begin by completing an affidavit sworn by a director of the company. Ensure it states that the dissolution has been authorized and that there are no assets or liabilities, as outlined in Appendix A.
  3. Next, verify that all outstanding annual reports are filed. You can do this through the Corporate Online portal. If you need assistance, utilize the online help available on their site.
  4. Once in good standing, file a Dissolution Request electronically via Corporate Online. It’s advisable to prepare a paper version first for reference.
  5. After submission, await confirmation from the registrar, who will issue a certificate of dissolution and publish notice on the Queen’s Printer website.

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Step-by-Step Guide to Dissolution Step 1: Prepare for Dissolution. Step 2: Apply for Dissolution. Step 3: Submit the Application. Step 4: Notify Stakeholders. Step 5: Finalize Financial Obligations. Step 6: Cancel Business Licenses and Permits. Step 7: Close Bank Accounts. Step 8: Maintain Records.
Thank you for your request on how to dissolve a company under section 316 (see attached Appendix A) of the Business Corporations Act. STEP 1: COMPLETE AN AFFIDAVIT. STEP 2: FILE ANY OUTSTANDING ANNUAL. STEP 3: FILE A DISSOLUTION REQUEST. STEP 4: RECEIVE CONFIRMATION.
Note: A legal proceeding may be continued or brought against a company within two years after its dissolution as if the company had not been dissolved. See section 346(1)(b) of the Act in Appendix A. The Act provides for two ways in which a dissolved company can be restored for a limited period: 1.
To obtain a certificate of dissolution, fill and submit online your articles of dissolution. To obtain a certificate of intent to dissolve, complete and sign Form 19 Statement of Intent to Dissolve (see Federal corporation forms) and submit it to Corporations Canada.
Follow these steps to closing your business: Decide to close. File dissolution documents. Cancel registrations, permits, licenses, and business names. Comply with employment and labor laws. Resolve financial obligations. Maintain records.

People also ask

When a corporation is dissolved, it ceases to exist. This means that the company will no longer have any legal rights or obligations. All of the companys assets will be distributed according to the terms set out in the articles of dissolution or the court order.
This process, known as Company Dissolution or Strike Off, is one you can complete yourself. You need to cease trading, submit form DS01 to Companies House (as well as sending a copy to any interested parties), and assuming all the details are correct, the business will be struck off the Companies House register.
You can apply to dissolve a corporation online through the Corporations Canada website. The process is straightforward, and you will need to fill out and file the Articles of Dissolution form (Form 17).

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