Incorporate
Close a company the right way.
Abandoning an entity does not end its obligations. Filing Articles of Dissolution does, and it is cheaper than the penalties of not filing.
Why filing matters more than people expect
An entity you stop using does not stop existing. It continues to owe annual reports and fees in its state of formation, accrues late penalties, and after enough missed cycles is administratively dissolved by the state.
That outcome is worse than it sounds. An administrative dissolution is a public record that the company failed to meet its obligations, and in some states it leaves the door open longer than a voluntary dissolution does. If you are done with an entity, closing it deliberately is cheap, quick, and permanent.
What Tresp Corporate Services does
Our part of a dissolution
- Confirm the entity’s current standing with the Secretary of State
- Bring any delinquent annual reports current, if the state requires that before it will accept a dissolution
- Prepare and file the Articles of Dissolution
- Provide you the filed documents for your records
- Close out your registered agent and compliance services on the entity so you stop being billed
This works the same way for an LLC and for a corporation, though the form and the state fee differ. If you are dissolving because you are moving the company rather than closing it, you probably want re-domiciliation instead, that keeps the entity alive and preserves its formation date and tax ID.
What to settle before you dissolve
These are not our questions to answer
Dissolution has tax and legal consequences that depend entirely on your circumstances: final tax returns, treatment of remaining assets and liabilities, distributions to owners, creditor notice requirements, and any winding-up obligations in your operating agreement or bylaws.
Tresp Corporate Services files the paperwork. We are not a law firm and we are not accountants, and we do not advise on whether or when to dissolve, or on the tax treatment of doing so. Talk to your CPA about the tax side, and to an attorney about the rest, the independent firm Tresp, Day & Associates, Inc. handles that work.
Getting started
Call us with the entity name and its state of formation. We will pull its current standing and tell you what the state requires, what it costs, and how long it takes, usually within a day, and there is no charge for finding out.
Ready to close an entity properly?
We will check its standing first, then quote the filing.
Common questions
Frequently asked
What happens if I just stop filing for my LLC?
The entity continues to exist and continues to owe annual reports and fees in its state of formation. Late penalties accrue, and after enough missed cycles the state administratively dissolves it. An administrative dissolution is a public record that the company failed to meet its obligations, which is a worse outcome than a voluntary dissolution.
Does Tresp Corporate Services advise on whether I should dissolve?
No. We prepare and file the dissolution paperwork. Whether and when to dissolve, how remaining assets and liabilities are treated, final tax returns, and creditor notice requirements are legal and tax questions. Tresp Corporate Services is not a law firm or an accounting firm.
Can I dissolve an entity that is behind on its filings?
Usually, but most states require delinquent annual reports to be brought current before they will accept a dissolution. We check the entity's standing first and tell you what the state requires.
Tresp Corporate Services, LLC provides corporate, registered-agent, and compliance services and does not provide legal advice. For legal matters, we work in tandem with the independent law firm Tresp, Day & Associates, Inc. This page is general information only.
Ready to form or move your company?
Tell us what you need and we’ll take it from there, most clients are set up within a day.