Overview of Dissolution Process
To dissolve a Colorado LLC, follow the dissolution process outlined in your operating agreement. Submit the Articles of Dissolution form to the Colorado Secretary of State and close all tax accounts.
Filing for Dissolution
The owners of the LLC must first apply for dissolution online through the Colorado Secretary of State’s website. Fill out the application with the correct information.
After settling debts and distributing assets, file the Articles of Dissolution with the Secretary of State. This document signals that the business is ending operations in Colorado.
Costs and Final Steps
Dissolving a Colorado LLC costs $25, which is paid when filing for dissolution. Be prepared to cover other expenses to conclude business affairs. Ensure all outstanding taxes are paid before completing the dissolution process.