Company Dissolution in Texas
To dissolve a company in Texas 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
Texas Comptroller: Texas entities looking to be dissolved need to file three documents: (1) Request for Certificate of Account Status to Terminate a Taxable Entity’s Existence in Texas or Registration, (2) Texas Franchise Tax No Tax Due Information Report, and (3) Public information form. This can take 4-6 weeks.
2. Filing Articles of Dissolution
Articles of Dissolution are filed with Texas Secretary of State. The processing of dissolution at the Texas Secretary of State level takes about 3-5 days.
3. Newspaper Publication
There are no newspaper publication requirements to dissolve a company in Texas.
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.
Ready to Order?
We will prepare and file your dissolution application in a professional manner with Texas Secretary of State, as well as file the necessary forms with Texas Comptroller and update the IRS regarding the dissolution. All you need to do is complete our simple application below.
Ready to Dissolve Your Company in Texas?
Dissolution in Another State:
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota