New York Termination Statement

State:
Multi-State
Control #:
US-CP0614AM
Format:
Word; 
Rich Text
Instant download

Description

This sample form, a detailed Termination Statement document, is for use in the computer, internet and/or software industries. Adapt to fit your circumstances. Available in Word format.

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FAQ

There are some basic steps to dissolving an LLC in New York. Step 1: Vote to dissolve the LLC. Review your company's operating agreement. ... Step 2: File articles of dissolution. You must file the articles of dissolution within 90 days after performing step 1. ... Step 3: Winding up. ... Step 4: File the final tax return.

New York Department of State Due Date: Biennially by the end of the registration anniversary month. Penalty: No late fee.

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.

Domestic and foreign business corporations are required by Section 408 of the Business Corporation Law to file a Biennial Statement every two years with the New York Department of State.

All LLCs opened in NY are required to file an annual report. The report is currently filed every two years, as a biennial report. However, this may change over time and it's important to stay in good standing with the state with maintain annual compliance in case this requirement will change.

Complete and file the Articles of Dissolution with the Department of State. The completed Articles of Dissolution, together with the statutory fee of $60, should be forwarded to: New York Department of State, Division of Corporations, One Commerce Plaza, 99 Washington Avenue, Albany, NY 12231.

Any Certificate of Status or status letter obtained from the New York Department of State will reflect that the corporation or LLC is past due in the filing of its Biennial Statement. This may prevent the corporation or LLC from completing certain business transactions.

The state uses biennial statements to stay informed of the contact information of your LLC. Your biennial statement must provide the following information: The name of your LLC. Your Service of Process address.

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New York Termination Statement