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Changes in circumstances can prompt you to withdraw from a state or even to close your doors completely. CT’s highly experienced experts will guide you through the process.
Your quote depends upon both your business type and the states in which you do business.
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If you discontinue business in a state where you had foreign qualified, you must file Articles of Withdrawal to avoid fines, penalties, and a potential loss of liability protection. If you’re shutting down completely, you must file Articles of Dissolution to terminate your company’s existence. Our specialists will examine your situation and thoroughly manage every detail.
“After two decades of experience as an entrepreneur and advisor to entrepreneurs, I know that it’s just as important to dissolve a company properly as it is to form it properly. I turned to CT to handle a recent dissolution because I know there are several steps involved—different in each state—and I wanted to make sure it was done right in every jurisdiction. My service representative took care of everything. I felt confident knowing I had experts managing the whole process.” - Robert Keller, Entrepreneur and Business Development Professional
Dissolution is an official filing with the original formation state terminating the legal existence of a company throughout the country. Withdrawal merely eradicates a company’s right to do business in a particular state; it can continue to exist and do business elsewhere.
For many reasons: The company may not be profitable enough to continue operations. There may be a management deadline over the company’s future direction. Or, the owners may simply wish to move on to a new venture.