As with certain businesses, there may come a time where the business will change ownership . The ownership change may come through acquisition or merging with another business. Additionally, businesses may need to dissolve. Irrespective of what decision is made with respect to the business, having documentation to memorialize the transaction is essential.

Most individuals believe closing a business involves simply ceasing to conduct operations. While this may be true of sole proprietorship businesses, companies do not have this luxury. Corporations and LLC’s are separate legal entities As a result, they require properly shutting down the company. This dissolution proceeding often involves meeting(s) of owners and resolutions agreeing to the dissolution. Additionally, if the company has any outstanding liabilities this matter would also have to be resolved prior to dissolution. It could also involve listing a notice informing the public of the dissolution of the company. Even if the company is going to merge with another business, it may still need to go through these proceedings.

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ADDITIONAL SERVICES

Any business owner looking to sell or purchase a business. Perhaps a business is dissolving or being placed under new management.

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ADDITIONAL SERVICES

Approximately 4-5 business days*

*Depending on Specifications

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ADDITIONAL SERVICES

Dissolving a company is an involved process requiring a number steps to ensure the company is properly closed. THerefore, it is essential you have an attorney guiding through these important steps so as to properly shut down the company. As a primary concentration of our Firm, we take great pride in preparing all the necessary documents needed to consummate the dissolution of companies. Additionally, we review the terms of the particular transaction to determine whether or not additional documentation is necessary such as notice to creditors.

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ADDITIONAL SERVICES