To dissolve an LLC in Florida you file Articles of Dissolution with the Florida Division of Corporations, Registration Section. The filing fee is $25. You can receive a certified copy for an additional $30. If you want to file your LLC dissolution online, you can pay with a credit card, debit card of Sunbiz E-File Account. By mail, you should submit a check made payable to the Florida Department of State. Included with the form is a Cover Letter, which needs to be sent with the articles.
When the Florida LLC dissolution is complete, a certificate will be issued by the DOC along with an official letter acknowledging the LLC dissolution.
Steps for Dissolution
- Vote To Dissolve the LLC.
- Notify Creditors About Your LLC’s Dissolution.
- File Final Tax Returns and Obtain Tax Clearance.
- File Articles or Certificate of Dissolution.
- Distribute Assets.
- Close All Accounts and Cancel Licenses and Permits.
Making the decision to close a business can be tense and stressful—but closing your LLC with the state doesn’t need to be difficult. If you registered your LLC in Florida, you can easily dissolve the entity online.
Articles of Dissolution are the documents you must submit to voluntarily dissolve your LLC. Your LLC will cease to exist after this form has been submitted and processed. Business owners in Florida can file their Articles of Dissolution by mail or online. The processing time to dissolve an LLC in Florida varies, but it generally takes 7 to 10 business days for the filing to be processed. You must first resolve outstanding tax debts before dissolving your Florida LLC if you owe taxes. For help dissolving a Florida LLC, contact a qualified professional.
Costs and Considerations
It costs $25 to submit the Articles of Dissolution to the Florida Secretary of State. A key step in dissolving a Florida LLC is filing final tax returns and obtaining tax clearance to satisfy all taxes and penalties owed to various government agencies.
The filing fee is $25 to dissolve an LLC in Florida. The process for how to dissolve a Florida LLC involves a few steps overseen by the division of corporations within the secretary of state. However, some of the steps can become increasingly complex depending on the business and the nature of its assets and liabilities.
The time it takes to dissolve an LLC in Florida can vary depending on a few factors, such as the complexity of your business, whether you file online or by mail, and how quickly you can complete the necessary steps in the dissolution process.
Can you dissolve your Florida LLC if you have outstanding debts? Yes, you can dissolve your Florida LLC even if you have outstanding debts.
In conclusion, dissolving an LLC in Florida is a process that carries inherent costs, including state fees, professional fees, and other potential expenses closely related to the specific circumstances. By having a thorough understanding of all the associated costs, business owners can better plan for the dissolution of their LLC.
To voluntarily dissolve your Florida LLC, you can provide the completed Cover Letter and Articles of Dissolution for a Limited Liability Company forms to the Department of State by mail or in person, along with the filing fee. Florida also offers Online Dissolution Filing that is quick and easy.
There are potentially severe penalties for failing to comply with the Florida LLC dissolution process. Therefore, it’s extremely important that you complete each step outlined to ensure an effective and compliant dissolution.
If the resolution passes, all members must sign the Articles of Dissolution, which should then be filed with the Florida Department of State, Division of Corporations.