When a business entity closes and no longer does business in California they must terminate their legal existence here by dissolving, surrendering, or canceling their business.
Steps to Dissolve, Surrender, or Cancel a California LLC:
- File all delinquent tax returns and pay all tax balances, including any penalties, fees, and interest.
- File the final/current year tax return. Check the applicable Final Return box on the first page of the return, and write “final” at the top of the first page. All tax returns remain subject to audit until the statute of limitations expires.
- Must cease doing or transacting business in California after the final taxable year.
- File the appropriate dissolution, surrender, or cancellation form(s) with the SOS within 12 months of filing your final tax return.
- Pay all outstanding balances due.
- File all delinquent tax returns.
- n all cases, the business must be in good standing. In addition, a Tax Clearance Certificate must be issued for both domestic and foreign for-profit corporations with assets.
- Surrender or notify your licenses to the departments that you are closing your business.
- Reason to disslove the Limited Liability Company.
- Provide EIN to mention on your disslution document.
- We can help you to file final returns, if you have not filed yet.
- You can use our online customized forms to file your dissolution.
You cantact to our office for any additional question or reservation.
