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Although the content will vary, certain elements should be included in every letter of dissolution. These include: The name of the recipient and the name of the person sending the letter. The purpose of the letter, including the relationship to be terminated and the date of termination, stated in the first paragraph.
Rhode Island LLC Formation Filing Fee: $150 The primary cost when starting a Rhode Island LLC is the $150 fee ($152.50 online) to register your business with the Rhode Island Department of State' Business Division.
When the business dissolves, officers are responsible for the liquidation of company assets. Proceeds from the sale are then payable for outstanding debts that remain. Once all the debts are satisfied, the owners or shareholders of the business may claim and divide the balance of the assets.
To dissolve your Rhode Island LLC, submit the completed Articles of Dissolution to the Rhode Island Secretary of State (SOS) by mail or in person. Your LLC has to be in good standing to dissolve, so make sure you have filed all annual reports and maintained a Rhode Island registered agent.
Maintain Your Business in Rhode Island File an Annual Report. Business Corporations and Limited Liability Companies must file an annual report with the RI Department of State. ... Maintain a Registered Agent/Office. Maintain a valid registered agent and registered office on file with the RI Department of State. ... Pay Taxes.
To dissolve your Rhode Island LLC, submit the completed Articles of Dissolution to the Rhode Island Secretary of State (SOS) by mail or in person. Your LLC has to be in good standing to dissolve, so make sure you have filed all annual reports and maintained a Rhode Island registered agent.