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Archive for February, 2007

Cancelling your LLC

Thursday, February 15th, 2007

If for some reason you need to cancel your LLC, it’s a good idea to fill out the formal paper work to cancel the company. If the LLC isn’t formally dissolved then it continues to incur annual franchise fees and penalties, including interest.

For information on canceling an LLC please see the State Registration office’s site for details:

> FORM TO CANCEL AN LLC

Dissolution (terminating) your Corporation

Thursday, February 15th, 2007

If for some reason you need to shut down your corporation, it’s a good idea to fill out the formal paper work dissolving the company. If the corporation isn’t formally dissolved then it continues to incur annual franchise fees and penalties, including interest.

For information on dissolving a corporation please see the State Registration office’s site for details:

> FORM TO DISSOLVE CORPORATION BEFORE SHARES ARE ISSUED

> FORM TO DISSOLVE CORPORATION AFTER BUSINESS HAS BEEN OPERATIONAL