Question
How do I dissolve my LLC in Delaware and what forms do I need to download?
Answers
GPT-4o mini
Dissolving a Limited Liability Company (LLC) in Delaware involves a few specific steps. Here’s how you can do it:
### Steps to Dissolve a Delaware LLC:
1. **Vote to Dissolve:** Check your LLC's operating agreement for any specific procedures regarding dissolution. Typically, a vote by the members is required to formally decide to dissolve the LLC.
2. **File a Certificate of Cancellation:** To officially dissolve your LLC, you must file a Certificate of Cancellation with the Delaware Division of Corporations. This is done using the form provided by the state.
3. **Settle Debts and Distribute Assets:** Before filing for dissolution, you should settle any outstanding debts and distribute any remaining assets among the members.
4. **Final Tax Returns:** File any final tax returns with the IRS and the Delaware Division of Revenue. Make sure you also check for any local tax obligations.
### Forms to Download:
1. **Certificate of Cancellation:** You can download the Certificate of Cancellation form from the Delaware Division of Corporations website. Here’s the link to the document:
- [Certificate of Cancellation Form](https://corp.delaware.gov/cancellation/)
2. **Additional Filings (if necessary):** Depending on your LLC’s activities, check if there are any additional forms or filings required (such as final tax returns, annual franchise tax forms, etc.).
### Additional Tips:
- **Filing Fee:** Be aware that there is a filing fee associated with the Certificate of Cancellation. As of my last update, the fee is typically $200, but check the Delaware Division of Corporations website for the most current fee information.
- **Obtain Confirmation:** After filing, ensure you receive confirmation of your LLC's dissolution from the state.
### Contact Information:
If you have specific questions or need assistance, you can contact the Delaware Division of Corporations at the following:
- **Website:** [Delaware Division of Corporations](https://corp.delaware.gov/)
- **Phone:** (302) 739-3073
Dissolving an LLC can be straightforward if you follow the steps carefully. Ensure you have all necessary documents and settle obligations before submitting your cancellation form.
### Steps to Dissolve a Delaware LLC:
1. **Vote to Dissolve:** Check your LLC's operating agreement for any specific procedures regarding dissolution. Typically, a vote by the members is required to formally decide to dissolve the LLC.
2. **File a Certificate of Cancellation:** To officially dissolve your LLC, you must file a Certificate of Cancellation with the Delaware Division of Corporations. This is done using the form provided by the state.
3. **Settle Debts and Distribute Assets:** Before filing for dissolution, you should settle any outstanding debts and distribute any remaining assets among the members.
4. **Final Tax Returns:** File any final tax returns with the IRS and the Delaware Division of Revenue. Make sure you also check for any local tax obligations.
### Forms to Download:
1. **Certificate of Cancellation:** You can download the Certificate of Cancellation form from the Delaware Division of Corporations website. Here’s the link to the document:
- [Certificate of Cancellation Form](https://corp.delaware.gov/cancellation/)
2. **Additional Filings (if necessary):** Depending on your LLC’s activities, check if there are any additional forms or filings required (such as final tax returns, annual franchise tax forms, etc.).
### Additional Tips:
- **Filing Fee:** Be aware that there is a filing fee associated with the Certificate of Cancellation. As of my last update, the fee is typically $200, but check the Delaware Division of Corporations website for the most current fee information.
- **Obtain Confirmation:** After filing, ensure you receive confirmation of your LLC's dissolution from the state.
### Contact Information:
If you have specific questions or need assistance, you can contact the Delaware Division of Corporations at the following:
- **Website:** [Delaware Division of Corporations](https://corp.delaware.gov/)
- **Phone:** (302) 739-3073
Dissolving an LLC can be straightforward if you follow the steps carefully. Ensure you have all necessary documents and settle obligations before submitting your cancellation form.