Dissolving Your Company in Montana
Company Dissolution in Montana
To dissolve a company in Montana first step is to have a meeting of its members (for LLC) or directors/shareholders (for corporation) and have a resolution drafted authorizing dissolution. Once such resolution was ratified, the process of dissolution involves the following steps:
1. Obaining Clearances & Consents
A Tax Certificate from the Department of Revenue stating that all taxes due have been paid is required for the dissolution of a corporation with the Montana.
2. Filing Articles of Dissolution
Articles of Dissolution are filed with Montana Secretary of State. The processing of dissolution at the Montana Secretary of State level takes about 7-10 business days.
3. Newspaper Publication
There are no newspaper publication requirements to dissolve a company in Montana.
4. Updating Other Agencies & Company Documents
Don’t forget to notify the IRS and other state agencies regaring the dissolution. Also, make sure you file a “final” tax return for the company.
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