Step 1: Follow Your New Jersey LLC Operating Agreement
- Holding a vote with LLC members to dissolve the LLC.
- Recording the dissolution vote in the LLC’s meeting minutes.
- Determining the formal date of dissolution.
- Distribution of LLC assets.
- Notifying creditors and settling any business debts.
How do I dissolve a NJ Corporation online?
The easiest way to file for dissolution is through the New Jersey Online Business Endings and Cancellation Service. You can access this service right here. If you prefer to file by mail, you must fill out and file Form C-159S (Certificate of Dissolution) with the New Jersey Division of Revenue.
How do I dissolve a corporation in NJ?
You can also dissolve a New Jersey corporation by submitting the appropriate Certificate of Dissolution form (in duplicate) to the New Jersey Division of Revenue. If you submit a paper Certificate of Dissolution form, you need to include an Estimated Summary Tax Return and an Application for Tax Clearance Certificate.
How do I dissolve a DBA in NJ?
How can I withdraw my DBA? If you registered an alternate name with the state, you can cancel it by filing the Certificate of Termination of Corporate Alternate Name form. The filing fee is $75. If you filed for a trade name with a county, you will need to contact the clerk’s office for that county.
Can I change the name of my LLC in NJ?
If you’re the owner of a New Jersey LLC, you can change the business or registered agent name with a business entity amendment form. You can create your own documents, but the division suggests that you use its form. The division will deny your request if you fail to include all the pertinent information.
Do I need to register a DBA in NJ?
You are required to set up your DBA with the New Jersey Division of Revenue and Enterprise Services if your business is incorporated. The Registration of Alternate Name form will ask for your new DBA name and information about your business.
When to dissolve a corporation in New Jersey?
When a corporation has ceased doing business and the corporate charter is no longer desired, it is essential that the corporation be dissolved with the New Jersey State Treasurer through the Division of Revenue to avoid future Corporation Business tax, penalty, and interest.
When to terminate a LLC in New Jersey?
An LLC formed prior to March 20, 2013 may simply be canceled and terminated, effective as of the time the required cancellation/termination form is filed with the New Jersey Department of Treasury.
Where are business liquidations located in New Jersey?
By mail: New Jersey Division of Revenue and Enterprise Services Business Liquidations PO Box 308 Trenton, NJ 08625-0308 Over-the-counter or by courier: New Jersey Division of Revenue and Enterprise Services 33 West State Street, 5th floor Trenton, NJ 08608 Attn: Business Liquidations Estimated Summary Tax Return (Form A-5052-TC ).
Can a LLC be dissolved at any time?
Dissolution allows the LLC the opportunity to wind up their affairs before terminating. These LLCs also have the option to Dissolve/Terminate concurrently. In all cases, the business must be in good standing at the time the Certificate of Dissolution or Certificate of Termination is filed.