How do I unregister my business?
File dissolution documents with your state or local government to deregister a business’s legal name. When you legally close your business, you also cancel its legal name. The process for dissolving a business differs by state, and some states do not require sole proprietors and partners to file dissolution documents.
How do I dissolve a sole proprietorship in CT?
Connecticut requires business owners to submit their Certificate of Dissolution by mail, online, or in person. You can also have a professional service provider file your Articles of Dissolution for you. Incfile prepares the Articles of Dissolution for you, and files them to the state for $149 + State Fees.
How much does it cost to dissolve an LLC in CT?
There is a $50 fee to file the articles. Your filing usually will be processed within 3-5 business days. You can get expedited processing if you pay an additional $50 fee and use the requisite expedited service request form.
How do I change ownership of an LLC in CT?
To amend the Certificate of Organization for your Connecticut LLC, you’ll need to file a Certificate of Amendment with the Connecticut Secretary of State. Along with the amendment, you’ll need to pay a $120 filing fee. Here is a free guide filing your Certificate of Amendment.
How do I legally shut down a business?
Check with your accountant, lawyer or the LawAccess NSW service for advice.
There are a number of ways to exit your business including:
- selling the business;
- passing the business on (e.g. to a family member);
- merging the business with another business; and.
- closing down the business and selling off assets.
How much is my business name worth?
The formula is quite simple: business value equals assets minus liabilities. Your business assets include anything that has value that can be converted to cash, like real estate, equipment or inventory.
Do I have to dissolve a DBA?
A DBA or ficticious name abandonment or dissolution must be filed when the business has been closed or converted to a legal entity. When dissolving a DBA publication is required in all states that require publication of the initial DBA filing.
How do I look up a business in CT?
All business entities registered in Connecticut are available to search on Connecticut’s Secretary of State’s website. Enter the name for which you are searching into the search bar, then click search. A list of entities will appear showing the status, filing number, address, and business name.
How do I terminate an LLC?
Filing Dissolution Papers
Just as you filed paperwork with the state to form your LLC, you must file articles of dissolution or a similar document to dissolve the LLC. These papers are filed with the same state agency that handed your original LLC formation—usually the secretary of state.
How do I dissolve a single member LLC in CT?
To dissolve your Connecticut LLC, you submit Articles of Dissolution to the Connecticut Secretary of the State, Commercial Recording Division (SOTS). You are not required to use the SOTS form, you may draft your own articles of dissolution.
How do I dissolve a CT Corporation?
To dissolve a Connecticut corporation, you just need to file a Certificate of Dissolution with the Connecticut Secretary of the State, Commercial Recording Division (SOTS). Connecticut has forms available for use but you can draft your own articles of dissolution as long as they contain the required information.
What is a letter of dissolution?
A letter of dissolution is an official notification of the end of a business relationship with a partner, client, vendor, or another party.
Does it cost to change your business name?
Most states charge a filing fee to process the paperwork associated with your business name change. While the fee can vary by state, it typically costs between $20 and $150. Change your name with the Internal Revenue Service.
How long does it take to get an LLC in CT?
How long does it take to set up an LLC in Connecticut? Filing the Certificate of Organization takes about 3 to 5 business days, but can be expedited for an additional fee.
Can I be my own registered agent in CT?
In Connecticut, a registered agent can be yourself, another person, or another company in the state of Connecticut. Since another company can serve as a registered agent, that includes a registered agent service. A registered agent service can act as your company’s point of contact and forward notices to you.