Business Dissolution
North Carolina Business Attorneys Assist With Dissolutions
Rocky Mount, Wilson, and Greenville Business Law Firm Experienced in Business Dissolution
Dissolution is the permanent closing of a business. If properly closed, the company’s existence will officially end and you will be no longer required to pay or file annual fees and taxes on the company, and your legal obligations will be met.
Dissolving a Business in North Carolina
Dissolving a business can be a very complex matter, and involves completing many forms and steps, such as:
- If an entity was formed, a lawful vote must be conducted to dissolve the company. The meeting where the vote is taken must be properly noticed and if the business has an operating agreement, all of the provisions in the agreement relating to dissolution must be followed.
- An Articles of Dissolution form must be filled out with all pertinent information, including the name of the corporation, the date the dissolution was authorized, and the effective date of the dissolution.
- The completed Articles of Dissolution form must be filed with the Secretary of State, along with the appropriate filing fee.
The best way to proceed with business dissolution is choosing a North Carolina attorney familiar with the dissolution process. Going it alone, as anything done in an improper fashion, may result in ongoing taxes and other legal liabilities.
Contact Our North Carolina Business Law Firm Today
Are you in the midst of dissolving a business? The experienced business dissolution attorneys at Law Offices of Robert Crawford are dedicated to representing business owners throughout Rocky Mount, Wilson, and Greenville. Contact our firm online or call 919-296-8508 to schedule your initial consultation today.