To dissolve a Colorado LLC, first follow the dissolution process outlined in your operating agreement. Then, close all tax accounts. Finally, submit the Articles of Dissolution form to the Colorado Secretary of State.
Applying for LLC Dissolution
The owners of the LLC must first apply for dissolution online through the Colorado Secretary of State’s website. There, LLC owners can find dissolution procedures for domestic or foreign LLCs. Fill out the application with the correct information.
Final Steps and Costs
After settling debts and distributing assets, file the Articles of Dissolution with the Secretary of State. This document provides notice that the business is ending operations in Colorado. The Articles of Dissolution must be filed online.
Dissolving a Colorado LLC costs $25, paid when filing for dissolution. You may also need to pay expenses to wrap up business operations. After filing, another entity could adopt the LLC’s exact name or a similar one. Before dissolving, make sure to clear all outstanding taxes owed.