Pennsylvania Voluntary Dissolution (Never Transacted Business) Domestic Corporation is a legal process in which a corporation that has never transacted business in Pennsylvania can officially dissolve. This process is initiated by filing a Certificate of Dissolution with the Pennsylvania Department of State, Division of Corporation. The Certificate of Dissolution must be signed by a majority of the corporation's directors or by a corporate officer. There are two types of Pennsylvania Voluntary Dissolution (Never Transacted Business) Domestic Corporations: (1) Domestic Corporation without Shareholders and (2) Domestic Corporation with Shareholders. Domestic Corporation without Shareholders is a corporation that was formed without shareholders and is intended to be dissolved without shareholders. Domestic Corporation with Shareholders is a corporation that was formed with shareholders and is intended to be dissolved with shareholders. The shareholders must vote to approve the dissolution and the Certificate of Dissolution must be signed by the required number of shareholders.
Pennsylvania Voluntary Disolution (Never Transacted Business) Domestic Corporation
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