Dissolving Your West Virginia Company
Company Dissolution in West Virginia
To dissolve a company in West Virginia 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
When you file the articles of dissolution, the SOS will contact the West Virginia Tax Department, Employer Coverage Unit, and Department of Employment Security.
2. Filing Articles of Dissolution
Articles of Dissolution are filed with West Virginia Secretary of State. The processing of dissolution at the West Virginia Secretary of State level takes about 24-48 hours.
3. Newspaper Publication
There are no newspaper publication requirements to dissolve a company in West Virginia.
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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