Dissolutions

When Virtual Paralegal Services (“VPS”) dissolves a business entity for our attorney clients, whether it is a corporation, limited liability company or limited partnership, we provide the following assistance:

  • Checking the status of the entity in the state of incorporation/formation.
  • Prepare and apply for any required tax clearances.
  • Draft (as appropriate to the particular entity):
    • - Annual reports where required.
    • - Articles or certificate of dissolution.
    • - Plan of liquidation (if appropriate).
    • - Consent of stockholders, directors, managers and/or members.
    • - IRS Form 966 (if applicable).
    • - Secretary’s Certificate to accompany Form 966 (if applicable).
    • - Notice to the applicable department of revenue(s).
  • Check status of states where the company is qualified.
  • Prepare withdrawals for any respective state.
  • Prepare and apply for any required tax clearances.
  • Coordinate signatures.
  • Follow up on any tax clearance issues.
  • File articles or certificate of dissolution/cancelation.
  • File certificates of withdrawals (if any).
  • File department of revenues notices (if any).
  • File IRS Form 966 (if required).