What steps must a company take to be considered as having ceased to exist?
57 views |Last modified 7/22/2024 7:23:05 AM EST | Added by TaxBandits Team
To be considered as having ceased to exist, the company typically must:
- File dissolution paperwork with its jurisdiction
- Receive written confirmation of dissolution
- Pay any related taxes or fees
- Cease conducting business
- Wind-up affairs, such as liquidating assets and closing bank account
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