How Do I File an Article of Dissolution in Illinois?

Steps to Dissolve an LLC in Illinois:

1. Apply for dissolution through the Colorado Secretary of State’s website.
2. Pay when filing for dissolution.
3. File inventory of assets.
4. Distribute remaining assets after settling debts.
5. Obtain necessary approvals.
6. File articles of dissolution with regulator.
7. Notify employees.
8. Obtain legal or accounting help when uncertain.

Formal Dissolution Process:

1. File articles of dissolution with the secretary of state or office.
2. Submit necessary forms online, in person, or by mail.
3. Notify tax authorities.
4. File final annual tax returns.
5. Obtain tax clearance certificate if required.

Post-Dissolution Guidelines:

1. Close all tax accounts before ceasing operations.
2. Repay debts, claims, and taxes.
3. Remove liabilities and obligations.
4. File the Articles of Dissolution to provide notice that the business is ending operations.
5. Ensure compliance with the Business Corporation Act.

Additional Information:

• Dissolution affects taxes depending on the business structure.
• Hold a meeting to approve Dissolution.
• File all Annual Reports.
• Take advantage of expedited processing by visiting the office.

How to Write an Article of Dissolution?

To dissolve a Colorado LLC, follow these steps:

1. Submit the Articles of Dissolution form to the Colorado Secretary of State.
2. Close all tax accounts.