Dissolution or withdrawal FAQs

Although the requirements vary from state to state, the dissolution process generally stays the same for both. CT’s well-practiced professionals are are standing by to answer your questions about the rules in your state.

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.

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.