What form do I need to dissolve a corporation in California?

What form do I need to dissolve a corporation in California?

Certificate of Dissolution (Form DISS STK) Form DISS STK has been created for ease in filing, however, any format may be used, provided it meets statutory requirements. Upon filing Form DISS STK, the corporation will be terminated and the corporation’s powers, rights and privileges will cease in California.

How do I close a California corporation?

How to Dissolve a Corporation in California

1. Step 1: File the Certificate of Election to Wind Up and Dissolve.
2. Step 2: Winding Up Your California Corporation.
3. Step 3: File an Annual Statement of Information with the California Secretary of State.
4. Step 4: File a Certificate of Dissolution.

Who Must File Form 966?

A corporation (or a farmer’s cooperative) must file Form 966 if it adopts a resolution or plan to dissolve the corporation or liquidate any of its stock. Exempt organizations and qualified subchapter S subsidiaries should not file Form 966.

How do I close an S corporation?

Corporation Filing Requirements (Includes S Corporations) You must file Form 966, Corporate Dissolution or Liquidation, if you adopt a resolution or plan to dissolve the corporation or liquidate any of its stock. You must also file your corporation’s final income tax return.

What is a California Si 550?

Secretary of State Statement of Information (Limited Liability Company) Page 1. Instructions for Completing the. Statement of Information (Form SI-550) For faster processing, the required statement for most corporations can be filed online at bizfile.sos.ca.gov.

What is a form Si 100?

Statement of Information (Form SI-100) For faster processing, the required statement for most corporations can be filed online at bizfile.sos.ca.gov.

How do you dissolve a corporation?

6 Steps to Dissolve a Corporation

1. #1 – Seek Approval from the Board of Directors and Shareholders. First, hold a meeting with the board of directors.
2. #2 – File Articles of Dissolution.
3. #3 – Finalize Taxes.
4. #4 – Notify Creditors.
5. #5 – Liquidate and Distribute Assets.
6. #6 – Wrap Up Operations.

What happens if I don’t file Form 966?

There is no direct Form 966 penalty for non-filing or late filing, but by not properly notifying the IRS of a dissolution or liquidation, it may result in collateral damage and other penalties.

How do I dissolve a corporation with the IRS?

You must file Form 966, Corporate Dissolution or Liquidation, if you adopt a resolution or plan to dissolve the corporation or liquidate any of its stock. You must also file your corporation’s final income tax return.