Reviving a San Diego Company In Order to Dissolve It

Reviving a San Diego Company

Reviving a San Diego company in order to dissolve it can be a time consuming and complex legal task.  The Watkins Firm can help business owners with these burdens while protecting their interests.

Dissolving a San Diego LLC or corporation occurs during the hardest times for any business owner.  In some cases the corporate entity itself is “suspended” or “forfeited” by the State of California, and in order to close the business, we must first “revive” it.  Reviving a corporate entity involves restoring the business to an active status so that we can complete the work of dissolving the LLC or corporation.  Reviving a San Diego company can be a complex task.

There are several ways a corporate entity can become suspended or forfeited including the nonpayment of taxes, penalties, fees or interest to the State of California, or the failure to file associated tax returns.

If your business is suspended, it is not able to file a lawsuit or defend itself in a dispute.  There are limitations on how it can file tax returns, claim refunds or file appeals with the FTB or BOE.  This must be reversed before we can begin the process to close the company.  If the California Secretary of State suspended the business we will work to reinstate your company or “revive” the LLC or corporation.  This usually involves payment of back taxes, fines and penalties and completion of all related tax filings and forms.

The experienced business dissolution attorneys at the Watkins Firm will handle every detail and work to revive your corporate entity.  We will then turn our attention to the needs of the dissolution of the corporation or LLC.  If you are concerned about the status of your company or need help reviving an LLC or corporation in California contact the Watkins Firm or call us for a free and thorough initial consultation at 858-535-1511.

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