Delaware Closing Agreement
Description
How to fill out Closing Agreement?
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FAQ
It is advisable to formally cancel a Delaware LLC if the company has ever been used in any capacity. The LLC will continue to accrue Delaware franchise tax year after year if the company is not properly canceled. The public cancellation filing stops the LLC from accruing future franchise tax, penalties, and interest.
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.
If the corporation conducted any business in Delaware, you will need to notify the Delaware Division of Revenue of its dissolution by: 1) checking the ?Out of Business? box and 2) indicating the last day of business operations on both your final withholding and/or business license gross receipt coupon, as well as your ...
Fax: 302-739-3812 Attached please find a copy of the Certificate of Dissolution to be filed in ance with Section 275 of the General Corporation Law of the State of Delaware. The fee to file the Certificate is $204.00. If your document is more than 1 page, please include $9.00 for each additional page.
In Delaware, "dissolution" refers to the process of closing a corporation through the filing of a Certificate of Dissolution. Closing an LLC, on the other hand, requires "canceling" through a Certificate of Cancellation.
A plan of dissolution is a written description of how an entity intends to dissolve, or officially and formally close the business. A plan of dissolution will include a description of how any remaining assets and liabilities will be distributed.
Take a Member Vote. If the LLC Operating Agreement does not specify guidelines for canceling the LLC, the Delaware LLC Act states that the LLC may be canceled after affirmative or written consent of members who own more than two-thirds of the current percentage ownership.