Business Dissolutions Attorneys in Granite Bay, California
Professional Guidance You Can Trust
Making the decision to close your business can be difficult after you have invested your time, money, and energy into it. The business law attorneys at Herrig, Vogt & Hensley, LLP have decades of collective experience in commercial law and an exhaustive understanding of California business dissolution laws.
When dissolving a business, the details matter. Making a mistake during this process can result in potential civil exposure and unanticipated consequences. If your dissolution is not performed properly, you may later be sued for old business debt or assessed for unpaid taxes. Taking precautions during the dissolution process can help you avoid such problems. Our experienced and dedicated business lawyers can guide you through the process of corporate dissolution, explain your options and work to safeguard your interests.
Formal Process of Business Dissolution
Incorporation is a legal process that requires approval and oversight by the state. Business owners cannot dissolve their business without formalizing the end of their business.
The business dissolution process involves filing the necessary paperwork with the California Secretary of State. Additionally, you must fulfill outstanding business obligations. Skipping these steps can cause you to be liable for debts and other matters related to the corporation.
The steps that are required to dissolve your business depend on the business entity under which your business is incorporated. There are different terms for the dissolution of your business, such as “cancel,” “surrender” or “dissolve,” depending on your entity type. The commercial attorneys at Herrig, Vogt & Hensley, LLP have experience in dissolving various types of businesses. We can assist with legal dissolution documents such as:
Certificate of Election to Wind Up and Dissolve
Certificate of Dissolution
Short Form Certificate of Dissolution
We can also assist you with other processes to effectuate the end of your business, including:
Filing your final tax return
Filing any delinquent tax returns
Paying any outstanding tax balances
Paying any unpaid business debts
Completing business contracts per their terms
Negotiating agreements with vendors or other parties with whom you have contractual obligations
Careful Guidance Through the Corporate Dissolution Process
As a prerequisite for taking distributions, you must fulfill the corporation’s obligations. Then, you and your partners can take distributions. If you take distributions before you have fulfilled the legal obligations, creditors may pursue you personally for the payment of debts.
The attorneys at Herrig, Vogt & Hensley, LLP have more than 100 years of combined legal experience representing clients through the dissolution process and in other commercial matters. A Roseville business lawyer can ensure that you fulfill all requirements of the dissolution process and that these steps are properly recorded. We can help you with every aspect of the dissolution process and can help you navigate the complexities involved in legal dissolution. We represent business owners and corporations throughout El Dorado, Placer, and Sacramento Counties.
Contact us online or call us to schedule your free consultation with an experienced business law attorney to learn about the dissolution process and your options.