The Benefits of Dissolving Before 2011

Whatever the reason — some companies must “close the door” and stop doing business. Without formally terminating a corporation or LLC, owners could still be charged fees associated with the business. A Corporation or LLC must file Articles of Dissolution (sometimes referred to as Certificate of Dissolution or Certificate of Cancellation) when it needs to terminate its existence. As we near the end of the year, there are many benefits to dissolving before 2011. (more…)