Dissolutions & Withdrawals

Once your company has served its purpose or is no longer doing business, it is extremely important to have it legally dissolved or withdrawn from the state(s) it is registered in. Until a corporation, limited-liability company, limited partnership and/or other business entity takes the legal steps necessary to nullify its existence, it continues to be accountable for state and taxation requirements. Once an entity has been legally dissolved or withdrawn within a state, the company’s exposure to such liabilities as taxes, fines, penalties and interest is terminated.

Regardless of whether or not you utilized Parasec’s services to form your entity, we can assist you with its dissolution or withdrawal—ensuring it is done in accordance with the laws of the state(s) in question.