Company Dissolution Service
Close Your Business Properly – Only $197 + State Dissolution Fee
If you no longer need your company, don’t let it linger and keep accruing state fees and penalties. BusinessAnywhere files your articles of dissolution with the state that formed it, the filing that legally ends the company’s existence. The service costs $197 plus the state’s dissolution filing fee and covers LLCs and corporations in all 50 states and the District of Columbia.
Why You Should Formally Dissolve Your Company
- Ongoing State Fees & Penalties: Even if you’re not operating, the state may continue to charge annual fees and penalties until the company is officially dissolved.
- Legal & Compliance Risks: Your company remains legally active until the state formally dissolves it, which can leave you open to lawsuits or tax obligations.
- Negative Impact on Your Record: Administrative dissolution by the state may impact your ability to start future businesses, as it could lead to bad standing with state agencies.
Free 15-Minute Consultation!
Have questions? Book a free 15-minute call with our experts to discuss your company’s needs and how we can help.
What’s Included in Our Dissolution Service?
- Filing the Dissolution Documents: We prepare and submit the necessary paperwork to officially dissolve your company with the state.
- Ensuring Compliance: We ensure that all legal obligations are met, so you don’t have to worry about lingering responsibilities.
- Peace of Mind: Close your business with confidence, knowing it’s been properly dissolved and you won’t face future liabilities.
How It Works?
Submit Your Details
Pick the company you would like to dissolve so we can prepare your dissolution paperwork.
We Handle the Filing
Our experts process and file the dissolution documents with the state.
Your Business Is Officially Closed
Once the state approves the dissolution, your business is legally closed, and you’re free from ongoing obligations.
What the $197 Covers, and What It Does Not
The $197 covers preparing and filing your articles of dissolution. It does not cover bringing the company current on back filings, and it does not cover your federal taxes. Most states refuse a dissolution filing from a company that owes annual reports or franchise tax, so anything outstanding has to be cleared first.
| Step | Who handles it |
|---|---|
| Prepare the articles of dissolution | BusinessAnywhere |
| File them with the formation state | BusinessAnywhere |
| State dissolution filing fee | You, billed at cost |
What stays with you: outstanding annual reports and franchise tax, any tax clearance certificate your state requires, the final federal tax return, closing the IRS business account, withdrawing foreign registrations in other states, and cancelling licenses, permits and bank accounts.
What Dissolution Costs in Total
Three numbers make up the bill: the $197 service fee, the state’s dissolution filing fee, and anything the company already owes. The third is the one that catches people out. A company dormant for several years owes back annual reports plus penalties, and all of it has to be paid before the state will process the dissolution. A company that stayed current costs far less to close.
The guide on how to dissolve an LLC covers the filing fee and requirements for every state.
Should You File the Dissolution Yourself?
Filing yourself is reasonable when three things are true: the company is current on its state filings, it is registered in one state only, and you are comfortable reading your state’s dissolution form. Then your only cost is the state fee.
The service earns its fee in the other cases. A company registered in several states needs a separate withdrawal filing in each one. A dormant company needs its back filings sorted in the right order before the state accepts the dissolution. And an owner outside the US, or one without the original formation documents, has a harder time dealing with a state office directly.
What Happens If You Do Not Dissolve
A company that stops filing does not go away. The state keeps it on the register, keeps charging the annual fee, and adds penalties. After enough missed filings the state administratively dissolves it, which leaves the company closed in bad standing rather than closed properly. The guide covers what happens if you stop filing instead of dissolving.
Frequently Asked Questions
Does dissolving my company close my EIN?
No. The IRS treats an EIN as the permanent federal taxpayer identification number for that business and never reassigns it. Dissolving with the state is a separate action. To close the IRS business account you send a letter giving the company’s legal name, EIN, address and the reason for closing. The IRS will not close the account until all required returns are filed and all taxes owed are paid. See the IRS guidance on closing a business.
Can I dissolve if I owe back annual reports?
Not in most states. States require the entity to be in good standing before they accept a dissolution filing, so the outstanding reports and any franchise tax have to be filed and paid first. Those filings are yours to handle, and the dissolution follows.
Do I need to dissolve if the company never did business?
Yes, if it was formed. A company exists from the moment the state accepts its formation documents, and it accrues annual fees whether or not it ever traded. Dissolution is what ends that.
I registered in more than one state. Is one filing enough?
No. The formation state gets the dissolution filing. Every other state where the company is registered as a foreign entity needs its own withdrawal filing.
How long does dissolution take?
State processing time is the main variable and it differs by state and filing method. Where the state requires a creditor notice period or a tax clearance certificate, that step runs before the dissolution can be filed.
Can you dissolve a corporation as well as an LLC?
Yes. The service covers both, in all 50 states and the District of Columbia.
Don’t leave your business status to chance, take control and dissolve your company the right way today.