Philadelphia Pennsylvania Sample Letter for Reinstatement of Corporation

Name: Philadelphia Pennsylvania Sample Letter for Reinstatement of Corporation
Brand: US Legal Forms
Rating: 4.69 (425 reviews)

Category:

Letters - Legal - Corporations

State:

Multi-State

County:

Philadelphia

Control #:

US-0253LTR

Format:

Instant download

Description

Sample Letter for Reinstatement of Corporation

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An application for reinstatement following administrative dissolution is an action taken to restore a business entities' rights, powers, and authority.

Check with the Internal Revenue Service (IRS) to update and activate your old Employer Identification Number (EIN) by calling 800-829-4933. Even after a company is dissolved, the EIN remains assigned to the original entity, just as a Social Security number is still the number assigned to a deceased individual.

When a corporation is dissolved, it no longer legally exists and, in most cases, its debts disappear as well. State laws usually give additional time beyond the dissolution for creditors to file suits for failure to pay any corporate debts or for the wrongful distribution of corporate assets.

Identify any outstanding state fees your business owes. Obtain the correct reinstatement forms on your behalf. Review your completed reinstatement forms. Submit your reinstatement forms to the relevant state agencies.

With an LLC entity, either a majority vote or 100 percent consent of its members is required to dissolve the company. The same applies if the company is to be revived. The LLCA for your state will specify whether a percentage or consent is required or revival and if it needs to be submitted in writing.

Once we've received payment and an application has been lodged with us, it may take up to 28 days for a decision to be made. If your application does not meet our requirements, it will be returned to you. There could be delays while we seek more information from you.

Your business must be in good standing with the Secretary of State (SOS) to revive your business entity. To revive your business, you must file one of the following forms: Application for Certificate of Revivor Corporation (FTB 3557 BC) Application for Certificate of Revivor Limited Liability Company (FTB 3557 LLC)

If the LLC was suspended by the Secretary of State simply because it failed to file, or update, the Statement of Information, you may revive the LLC simply by sending a letter to the Secretary of State along with the delinquent Statement of Information and the payment of any filing fees ($20), penalties ($250), and

Reinstatement in California Dissolved California entities cannot be reinstated, so in case like that you would need to file as a new entity.

Reinstatement is the process of returning an inactive or non-compliant company to good standing within a state. C corporations, S corporations and limited liability companies (LLCs) face ongoing state formalities, such as annual reports or statements and their associated filing fees, franchise and/or other state taxes.

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Sometimes a small business falls into inactive or bad standing with the state. A letter explaining the reason an EIN is needed.Domestic and foreign corporations may file for reinstatement electronically. Philadelphia, PA 191769913. How do I contact PECO? Sample Letter to Judge Asking for License Reinstatement. Articles of Reinstatement of its Limited Liability Company. Forms can also be downloaded here.

Philadelphia Pennsylvania Sample Letter for Reinstatement of Corporation

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What is an application for reinstatement?

How do I reactivate my EIN number?

What happens to a corporation when it dissolves?

How do I reactivate my company?

Can you reopen a close corporation?

How long does it take for ASIC to reinstate a company?

Can you reactivate a business?

How do I revive my LLC?

Can a dissolved corporation be reinstated?

What does it mean to reinstate your business?

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