How Do I Close an LLC in NY?

Process to Close a Company in New York

1. Submit all required tax returns to New York’s Department of Taxation and Finance.
2. Pay all due taxes and fees.
3. Pay up all business debts.
4. Convene a board meeting and document a decision to dissolve the company.
5. File a final Form NYS-45 and submit the completed Articles of Dissolution form to the New York Department of State by mail, fax, or in person.
6. Obtain tax clearance from the New York Department of Taxation and Finance.
7. Close out all other accounts associated with the LLC.

Voluntary Dissolution Process

1. Obtain written consent from the Tax Department.
2. File paperwork with the New York Department of State, including a Certificate of Dissolution.

Reasons for Dissolving an LLC in New York

• Business operations fail to meet expectations.
• Pursuing other endeavors.
• Completion of a project.
• Personal decisions.