Question: “I want to be incorporated through the end of the year. When is it too late to close?”
Answer: Cancel or Dissolve with the state of Delaware before December 31.
Once you’ve determined that filing a formal Cancellation of your LLC or Dissolution of your Corporation is essential to winding up your business, let Harvard Business Services, Inc. ease your mind and assist you with the process. The final closing of the company may seem a bit puzzling to some, but it’s a simple filing with the Delaware Division of Corporations. The last thing you want to do is figure out the costs involved and deal with more paperwork. As a Delaware Registered Agent, our fast and efficient staff will be more than happy to handle the whole process for you in order to get your company formally and legally closed in good standing with both the Registered Agent on file and the State of Delaware.
An important detail when it comes to closing is the fees involved. The State of Delaware requires all taxes due to the State through the effective date of the Cancellation/Dissolution to be paid and all applicable annual franchise tax reports for Corporations to be filed. Therefore, in order to avoid any costs for the 2012 tax year, the Cancellation/Dissolution filing must be submitted to the state of Delaware no later than December 31, 2011. However, since the 31st is a Saturday this year, HBS will require all signed forms to be returned before end of business on December 30th.
So don’t wait until it’s too late.
All you need to do to get started is give us a call to find out the specifics for your company. We are happy to go over the procedures with you. If you are qualified in another state, we can help you with that, as well. Delaware filings are fast and efficient because Harvard can do everything electronically. Originals are not necessary. Therefore, just provide us with an email address or fax number, we’ll get you Certificate of Cancellation or Certificate of Dissolution with related annual reports to sign within 24 hours. Once the completed forms are returned, we will proceed accordingly which is typically that same day. In about two business days you will be provided with the approved date-stamped copy for your records. Your company is then formally closed with the State of Delaware and registered agent on file. The next step is to notify the IRS.
THE AUTHOR OF THIS BLOG ARTICLE IS NOT A LAWYER AND HARVARD BUSINESS SERVICES, INC. IS NOT A LAW FIRM. THE ARTICLE ABOVE IS NOT INTENDED AS LEGAL ADVICE AND SHOULD NOT BE TAKEN AS LEGAL ADVICE. THIS SHORT ARTICLE IS STRICTLY TO MENTION SOME ASPECTS OF DELAWARE’S CORPORATION LAWS AND/OR LAWS RELATING TO OTHER FORMS OF ENTITIES WHICH YOU MAY NOT BE FAMILIAR WITH. WE RECOMMEND THAT YOU CONSULT WITH A LAWYER BEFORE FORMULATING A STRATEGY WHICH WILL BE SUITABLE FOR YOUR SPECIFIC CASE.
There is 1 comment left for Thinking about Closing your Corporation or LLC?W, ROBERT ABELL said: Wednesday, May 16, 2018
Formed a one-person DE LLC Service-Provider in January 2013, paying annual DE LLC tax of $300 thereafter. Current tax is due by 6/1/88 or pay added $200 + 1.5%/month penalty followed by the same cycle for up to 3 years, after which MY LLC will cease to exist. Would the final sum still be billed to the Registered Agent ME by the state of DE? Will both DE and USA demand that forms formally shuttering my one-man company be submitted along with more fees ? In any case, could you shut done my business before June 1st, and roughly at what cost? penaltyHBS Staff replied: Thursday, May 17, 2018
We will need your company name or file number in order to research the specific company details. You can call us at 1-800-345-2677 or email us at email@example.com and we can further assist you.