Our business formation service involves selecting a legal structure (LLC, corporation, partnership), registering with state authorities, obtaining tax IDs, and adopting governance documents.

Dissolution is the formal closing process—either voluntary or involuntary—requiring Articles of Dissolution, tax clearances, debt settlement, and asset liquidation to protect against liabilities

Business Formation & Dissolution

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Key Aspects of Business Formation

  • Entity Selection: Common structures include Sole Proprietorships, General Partnerships, Limited Liability Companies (LLCs), and C or S Corporations.

  • Legal Requirements: Filing formation documents (e.g., Articles of Organization for LLCs, Articles of Incorporation for corporations) with the Secretary of State.

  • Governance: Adopting bylaws for corporations or operating agreements for LLCs to establish internal rules.

  • Compliance: Obtaining federal and state tax IDs, licenses, and permits. 

Key Aspects of Business Dissolution

  • Voluntary Dissolution: Owners vote to dissolve, often requiring a majority board/shareholder vote, and file Articles of Dissolution with the state.

  • Involuntary/Administrative Dissolution: Forced by the state due to failure to pay taxes, file annual reports, or maintain a registered agent.

  • Wind Up Affairs: Settling outstanding debts with creditors, selling off assets (liquidation), and distributing remaining assets to owners.

  • Post-Dissolution: A company typically continues to exist for a limited time (e.g., three years) to finish winding up affairs.

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