What is the statement of merger in Colorado
Two entities decided to work together under one identity is called a merger. Mergers can be between domestic or foreign entities. A Colorado statement merger indicates that the merging entities are merged into the surviving entity either foreign or domestic.
The following entities involve in mergers.
- Merging Entity is the business entity that will be combined into a surviving entity upon the completion of the merger.
- Surviving Entity is the business entity that will remain in existence after the merger is complete.
- Each business entity will merge into a surviving business entity.
What is the process to merge business entities in Colorado?
Provide following information to start a process to merge entities.
- Each merging entity name and the jurisdiction it was originally registered.
- The complete address of each merging entities.
- Provide registered agent name and address and a registered agent can either be an individual or a legal entity is registered with the Colorado secretary of state. The individual must be at least 18 years of age serve a registered agent in Colorado.
- The merger effective date can be delayed up to 90 days from the date you filed the merger documents with the Colorado secretary of state.
How much is filing fee to file a merger in Colorado?
State of Colorado filing fee is $150.00 for each merging business entity and the estimated time to process your application is five to seven working days.
