Dissolving Your Washington Company
Company Dissolution in Washington
To dissolve a company in Washington 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
Corporations only: Department of Revenue Clearance Certificate must be attached to dissolution application.
2. Filing Articles of Dissolution
Articles of Dissolution are filed with Washington Secretary of State. The processing of dissolution at the Washington Secretary of State level takes about 1 month. Expedited service is also available (1 week).
3. Newspaper Publication
There are no newspaper publication requirements to dissolve a company in Washington.
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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