Cary North Carolina Withdrawal of Assumed Name for Partnership, Sole Proprietorship or Limited Partnership

• Category: North Carolina Small Business - Sole Proprietorships
• State: North Carolina
• City: Cary
• Control #: NC-893N
• Format: Word; Rich Text

Description

This form includes the following: assumed name being withdrawn, the date the certificate of assumed name was originally filed, and the effective date of withdrawal. Cary North Carolina Withdrawal of Assumed Name for Partnership In Cary, North Carolina, businesses operating under an assumed name as a Partnership, Sole Proprietorship, or Limited Partnership are required to file a Withdrawal of Assumed Name if they intend to cease using the assumed name and revert to using their legal name. This process is essential to ensure transparency and clarity in business operations, providing accurate information to customers, suppliers, and other stakeholders. To initiate the Cary North Carolina Withdrawal of Assumed Name for Partnership, Sole Proprietorship, or Limited Partnership, the following steps need to be followed: 1. Dissolution of Partnership or Sole Proprietorship: In the case of a partnership or sole proprietorship, the business entity must first be dissolved officially. This involves settling any outstanding debts, filing final tax returns, and resolving any pending legal or financial matters. It is advisable to consult with legal and accounting professionals during this phase to ensure all obligations are met. 2. Review of Assumed Name Registration: Before proceeding with the withdrawal, it is crucial to verify that the assumed name was previously registered correctly. The Cary, North Carolina Secretary of State's office or the local county clerk's office can provide access to the records to confirm the registration details. 3. Complete the Withdrawal Application: Obtain the Withdrawal of Assumed Name application form from the Cary, North Carolina Secretary of State's website or visit their office in person. The form will require key information such as the full legal name of the business entity, the assumed name being withdrawn, the reasons for withdrawal, and the effective date of withdrawal. 4. Affidavit of Dissolution: Alongside the withdrawal application, an Affidavit of Dissolution may also be required. This document confirms that the business entity has been dissolved and is no longer operating under the assumed name. It must be notarized and attached to the withdrawal application. 5. Filing the Withdrawal Application: Submit the completed withdrawal application forms, Affidavit of Dissolution (if applicable), and the filing fee to the Cary, North Carolina Secretary of State's office. The filing fee varies and can be paid via check, cash, or credit/debit card, depending on the submission method. 6. Receive Confirmation: In due course, the Cary, North Carolina Secretary of State's office will review the withdrawal application and notify the business entity of the acceptance and completion of the withdrawal process. It is strongly recommended to keep copies of all correspondence and documents for future record-keeping purposes. Different types of Cary North Carolina Withdrawal of Assumed Name for Partnership, Sole Proprietorship, or Limited Partnership include: 1. Withdrawal of Assumed Name for Partnership: This applies when a partnership registered an assumed name to conduct business and now wishes to withdraw it to operate solely under its legal name. 2. Withdrawal of Assumed Name for Sole Proprietorship: In the case of a sole proprietorship, where an individual operates a business under an assumed name, the withdrawal process is necessary when reverting to the individual's legal name. 3. Withdrawal of Assumed Name for Limited Partnership: Limited partnerships, which comprise at least one general partner and one or more limited partners, may also register and use an assumed name for various reasons. When such partnerships decide to terminate the assumed name and operate solely under the legal name, a withdrawal must be filed as per the regulations. Overall, the Cary North Carolina Withdrawal of Assumed Name for Partnership, Sole Proprietorship, or Limited Partnership process ensures accuracy and transparency in business transactions, enabling businesses to operate under their true legal identity.

Cary North Carolina Withdrawal of Assumed Name for Partnership In Cary, North Carolina, businesses operating under an assumed name as a Partnership, Sole Proprietorship, or Limited Partnership are required to file a Withdrawal of Assumed Name if they intend to cease using the assumed name and revert to using their legal name. This process is essential to ensure transparency and clarity in business operations, providing accurate information to customers, suppliers, and other stakeholders. To initiate the Cary North Carolina Withdrawal of Assumed Name for Partnership, Sole Proprietorship, or Limited Partnership, the following steps need to be followed: 1. Dissolution of Partnership or Sole Proprietorship: In the case of a partnership or sole proprietorship, the business entity must first be dissolved officially. This involves settling any outstanding debts, filing final tax returns, and resolving any pending legal or financial matters. It is advisable to consult with legal and accounting professionals during this phase to ensure all obligations are met. 2. Review of Assumed Name Registration: Before proceeding with the withdrawal, it is crucial to verify that the assumed name was previously registered correctly. The Cary, North Carolina Secretary of State's office or the local county clerk's office can provide access to the records to confirm the registration details. 3. Complete the Withdrawal Application: Obtain the Withdrawal of Assumed Name application form from the Cary, North Carolina Secretary of State's website or visit their office in person. The form will require key information such as the full legal name of the business entity, the assumed name being withdrawn, the reasons for withdrawal, and the effective date of withdrawal. 4. Affidavit of Dissolution: Alongside the withdrawal application, an Affidavit of Dissolution may also be required. This document confirms that the business entity has been dissolved and is no longer operating under the assumed name. It must be notarized and attached to the withdrawal application. 5. Filing the Withdrawal Application: Submit the completed withdrawal application forms, Affidavit of Dissolution (if applicable), and the filing fee to the Cary, North Carolina Secretary of State's office. The filing fee varies and can be paid via check, cash, or credit/debit card, depending on the submission method. 6. Receive Confirmation: In due course, the Cary, North Carolina Secretary of State's office will review the withdrawal application and notify the business entity of the acceptance and completion of the withdrawal process. It is strongly recommended to keep copies of all correspondence and documents for future record-keeping purposes. Different types of Cary North Carolina Withdrawal of Assumed Name for Partnership, Sole Proprietorship, or Limited Partnership include: 1. Withdrawal of Assumed Name for Partnership: This applies when a partnership registered an assumed name to conduct business and now wishes to withdraw it to operate solely under its legal name. 2. Withdrawal of Assumed Name for Sole Proprietorship: In the case of a sole proprietorship, where an individual operates a business under an assumed name, the withdrawal process is necessary when reverting to the individual's legal name. 3. Withdrawal of Assumed Name for Limited Partnership: Limited partnerships, which comprise at least one general partner and one or more limited partners, may also register and use an assumed name for various reasons. When such partnerships decide to terminate the assumed name and operate solely under the legal name, a withdrawal must be filed as per the regulations. Overall, the Cary North Carolina Withdrawal of Assumed Name for Partnership, Sole Proprietorship, or Limited Partnership process ensures accuracy and transparency in business transactions, enabling businesses to operate under their true legal identity.