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Dissolving a corporation requires formal board and shareholder approval, settling all outstanding debts, and filing final tax returns. In Florida, you must file the Articles of Dissolution with the Division of Corporations and pay a $35 fee. Failure to properly dissolve leaves the entity legally active, resulting in ongoing annual fees and liabilities.
Dissolving a corporation requires formal board and shareholder approval, settling all outstanding debts, and filing final tax returns. In Florida, you must file the Articles of Dissolution with the Division of Corporations and pay a $35 fee. Failure to properly dissolve leaves the entity legally active, resulting in ongoing annual fees and liabilities.