Are you searching for attorneys with extensive and proven experience dissolving a San Diego corporation or LLC? The end of a business is a challenging time for all involved. The decision to cease operations and close your company is difficult for many business owners to reach, let alone implement. How do you legally dissolve your entity while addressing all existing liabilities, taxes and other contingencies? If you’re going to close your doors you need to make sure you have taken the right steps to complete the process while protecting yourself from any future financial or legal exposure.
There are many steps associated with dissolving a San Diego corporation or LLC. The first place to start is the corporate documents of the entity itself. The bylaws, operating agreement, shareholders’ agreement or articles of incorporation should speak to the formal internal requirements for ending your company. This can often require taking a vote of the stakeholders or members.
You will need to file forms with the California Secretary of State documenting the intention to dissolve your corporate entity as well as additional informational disclosures. This will include a “Certificate of Election to Wind Up and Dissolve” or a “Certificate of Dissolution.”
The next step usually involves the notification of creditors, stakeholders, shareholders, members or other potential claimants. The corporate dissolution attorneys at the Watkins Firm will guide you through the process of concluding existing business, filing appropriate forms and tax returns, satisfying all known debts or liabilities and ultimately disbursing any remaining funds.
The process for dissolving a San Diego corporation or LLC is obviously quite complex. You will need the experienced, proven advice and counsel of the Watkins Firm to ensure all steps are completed and to protect against any contingent liabilities which might arise. We invite you to review the strong recommendations of our clients and contact the Watkins Firm or call 858-535-1511 for a complimentary consultation today.