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Corporation Dissolution
California Corporations
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All-Inclusive Attorney's Fee:
$750.00
No other fees or costs
Need to dissolve your corporation?
 | Don't delay. |
| Don't procrastinate. |
| Delay will cause another $800 minimum
franchise tax payment to fall due. |
| Delay may result in the California Secretary of State
(SoS) changing the status of your corporation from "active" to
"suspended."
 | Corporations that are suspended (or that become
suspended) are not covered by the low all inclusive attorney's fee
stated above. |
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| Under California tax law there is no such thing as an inactive
corporation. |
| Prompt dissolution will let you:
| Stop filing State and Federal corporation tax returns (after the
final returns) |
| Stop filing the annual Statement of Information (Secretary of
State Form SI-200) |
| Stop doing annual board and shareholder minutes. |
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| You will NOT be required to submit - to anyone - financial statements
or balance sheets |
| You will NOT be required to sign any written assumption
of the corporation's liabilities |
What's covered?
| All filings with the California Secretary of State (SoS) |
| All filings with the California Franchise Tax Board (FTB) |
| All contacts and correspondence to / from the SoS and FTB |
| Obtain a Tax Clearance Certificate from the California FTB |
| Legal advice and consultation concerning the dissolution |
What's NOT covered?
| Taxes and tax returns.
| You must be current, or you must become current, during
the dissolution process. The FTB will advise the Law Office if the corporation is not
current with its taxes or returns. You will NOT need to meet with the
FTB. The Law Office will handle all contacts with the FTB and the SoS. |
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| Handling the dissolution of a corporation that is suspended
(or that becomes suspended) by the California SoS.
| See special
notes below. |
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| Reinstatement of a suspended corporation.
| If you want us to handle the reinstatement of
your suspended corporation, just call.
 | Reinstatement will be handled
on an hourly fee basis and not on a fixed fee basis. |
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| Dissolutions where there is any potential for
disputes or dissent
| For the very low fee we charge, we can only
handle corporation dissolutions where all interested parties are in
agreement and there are no outstanding claims against the
corporation.
| For example, all shareholders and all
corporation directors must want the dissolution. All corporation
debts should be paid and all potential claims against the
corporation should be settled. |
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| Dissolutions where there are more than 8 shareholders
| The potential for disputes or dissent is too
great. The low fee we charge is not designed to handle such
dissolutions. |
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Special notes:
| Neither financial statements nor personal guarantees will be needed
to complete the dissolution and obtain a Tax Clearance Certificate
from the California Franchise Tax Board. |
| Essentially, the Law Office takes all actions with
the FTB and the SOS necessary to dissolve your
corporation -- except the preparation of tax returns. The process takes 60 to
90 days so get started now. |
| If the corporation has significant corporate debt
(unpaid bills) or potential claims against it, do NOT go forward with a corporation
dissolution without first consulting with bankruptcy counsel. This Law
Office does not handle bankruptcies. |
| For the $750 all-inclusive fee to apply, the
corporation must have an active status and not suspended
status with the Secretary of State. If the corporation has been suspended by the
California Secretary of State, then the $750 fee will NOT apply. This is
because to dissolve a suspended corporation, the corporation must first
be reinstated. Reinstatement involves some rather complex correspondence
with the Secretary of State and / or the Franchise Tax Board that is not
included in the $750 all-inclusive fee. Please call us for a fee
estimate if you want to dissolve a suspended corporation. |
How do I start?
| To START the dissolution process, SUBMIT a Secure
Online Dissolution Form. |
| To go to the form -- Click here. |
| We
recommend that you also FAX to us -- +1 (714) 242-9972 -- a copy of your corporation's Articles of Incorporation.
A faxed copy would be helpful to us but we can get started without it. |
| If you SUBMIT
the form below by 12 Noon, you will hear from us by 3 PM
by e-mail to CONFIRM that we have started your dissolution and to get a
few items of additional information from you. |
| If you need to call, please do. You may call +1 (800) 262-6554. |
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California
Incorporation