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Renewal of a non active LLC

Asked by: Rene Remington - 4 January, 2013
https://d25eic0jctudgb.cloudfront.net/images/site/avatars/default.png-f1597c1da25f30f8c1a941405e8391c8 Hello,

How do a renew a LLC, which has not been active in several years?
Answered by: Robert Kowalski - 4 January, 2013
https://d25eic0jctudgb.cloudfront.net/images/site/avatars/35.jpg-687fc92d5f6c5febcbdccb6895b08b8c Dear Rene,

The answer would greately depend on the state of formation. Many states would administratively dissolve your LLC for failing to pay whatever annual fees or taxes this state has for LLCs, with or without the option to reinstate the company. If that is the case, you would probably need to simply register a new LLC.

There are some exceptions, for example New Mexico LLCs have no annual fee, so LLCs in that state would never get administratively dissolved. Again, to give you a meaningful answer I would need to know more details about the company, such as name and state of registration.

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