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How much does it cost to dissolve Delaware LLC?

Writer John Peck

There is a $200 fee to file the certificate. Your filing usually will be processed in 2-3 weeks. Various forms of expedited service are available for additional fees. A basic certificate of cancellation form is available for download from the SOS website.

How do you dissolve a de company?

To dissolve your domestic corporation in Delaware, you must provide the completed Certificate of Dissolution form to the Department of State by mail, fax or in person, along with the filing fee. Include a Filing Cover Memo with your name, address and telephone/fax number to enable them to contact you if necessary.

How do I dissolve a single member LLC in Delaware?

Steps to File a Certificate of Cancellation One member (owner) of the LLC must sign the Certificate of Cancellation. Pay the cancellation and preparation service fees, as well as the current year’s Delaware Franchise Tax Fee. File the Certificate of Cancellation.

How to dissolve a business LLC in Delaware?

How to Dissolve a Delaware LLC 1 Wind up the company’s business. 2 Get members consent for dissolving the LLC. 3 Pay the outstanding franchise tax, if any, in order to get clearance from the franchise tax department. 4 File the Certificate of Cancellation with the state, along with a cover letter and a filing fee of $200.

What do you need to close a Delaware company?

When it is time to close a Delaware company, a document is filed with the Delaware Division of Corporations; this document is called a Certificate of Dissolution for corporations, and a Certificate of Cancellation for LLCs. There is an alternative option that allows you to avoid the process described here.

How long does it take to revoke a Delaware LLC?

Pay the outstanding franchise tax, if any, in order to get clearance from the franchise tax department. File the Certificate of Cancellation with the state, along with a cover letter and a filing fee of $200. You can revoke the dissolution within three years from the date it becomes effective.

Can a LLC be dissolved by a court decree?

While an LLC may be involuntarily dissolved through a court decree, this article covers voluntary dissolution by the LLC members. In order to voluntarily dissolve your LLC, you first should look to your LLC agreement. In most cases, it will contain a section with rules for how to dissolve the company.