Undo And Redo In Legal New York Incorporation Forms For Free

LLC ? The Department of State does not involuntarily dissolve LLCs in New York. If your company has filed for voluntary dissolution but wants to do business again, the only way to reinstate is to petition the court.

When a corporation's board of directors or an LLC's members decide to dissolve a corporation without any mandate, it is called voluntary dissolution. The stockholders must vote in favor of the dissolution.

A qualified domestic corporation or qualified domestic limited liability company can request a voluntary administrative dissolution/cancellation. With a written request, the business must certify it: Is not actively engaging in any transaction for the purpose of financial or monetary gain or profit.

The first step to reinstate a corporation is to call the Department of Taxation and Finance at (518) 485-2639 to inquire about paying the corporations taxes and fees. Once you submit all the outstanding returns and fees to the DTF, they will send you written to consent to reinstate.

There are 6 major steps with voluntary dissolution: (1) the board approves a plan of dissolution and proposes dissolution the shareholders; (2) the board notifies and proposes to the shareholders the plan of dissolution and requests a shareholder vote on the plan and the dissolution; (3) the corporation obtains a ...

Voluntary dissolution is generally a two-step process: Obtaining written consent from the Tax Department1 (which will check to see if the corporation owes back taxes and if it has filed all its returns)2; and. Filing paperwork with the New York Department of State, including a Certificate of Dissolution.