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Closing an existing US company

Close your US company with a clear plan

State dissolution, the final federal filing and a clear list of what stays with you, in the right order and without pressure.

$699 for a single-member LLC. Other entities from $899.

A man stands in a bright office reading through a folder of papers next to a desk he is clearing

A closing checklist is ticked off: company details confirmed, amounts owed settled and what remains distributed, the final federal return prepared, the articles of dissolution approved, ending with the articles of dissolution filed.

What closing involves

Three kinds of work, not one form

Stopping activity, closing a bank account and dissolving the entity are different steps. Here is what each one covers.

  • State dissolution

    Articles of dissolution prepared and filed with Wyoming or Delaware; state acceptance ends the entity’s registration.

    The state charges its own filing fee, shown before payment. Delaware also expects the entity’s franchise tax to be current before it accepts the filing.

  • Final federal filing

    The last Form 5472 and pro-forma Form 1120 for a single-member LLC, marked final; Form 1065 or Form 1120 for other entities.

    Prepared from the year’s records, as with any filing. You receive copies and a record of submission; processing happens at the IRS.

  • Closure tasks that stay with you

    Bank and payment accounts, contracts, subscriptions and your home-country reporting are yours to close.

    We list them for you and tell you the order. Banks close accounts on their own terms, so plan that step before the final filing when possible.

Who handles what

We prepare and file. Some steps stay yours

A clean close depends on both sides knowing their part.

An orange stool in a pale room, with warm window light falling on the plain wall behind it

You handle

  1. Deciding to dissolve, with member or shareholder consent where required
  2. Closing bank and payment accounts and cancelling subscriptions
  3. Settling debts and distributing what remains
  4. Reporting the closure where you live, if your country requires it

We handle

  • Preparing and filing the articles of dissolution
  • Preparing the final federal return, marked final
  • Listing the closure steps in order and flagging open tax years
  • Sending you copies and the submission record for everything filed
The order of work

Five stages, with the dependencies shown

  1. Tell us about the company

    You

    Entity type, state, formation year and which tax years have been filed.

  2. Settle and distribute

    You

    Pay what the company owes and distribute what remains, with consent where required.

  3. State filing

    Us, then the state

    We prepare the articles of dissolution; you approve; we file. The state processes on its own timeline.

  4. Final federal return

    Us, then the IRS

    The last return is prepared from the final year’s records and submitted with a final-return marking.

  5. Close accounts and providers

    You, with our checklist

    Bank, payment, registered agent and mailroom services end once the filings are in.

What can slow a closure down

Most delays come from things that have to happen before the state or the IRS will act. Knowing them up front keeps the process calm.

  • An unfiled prior-year return that has to be caught up first
  • Delaware franchise tax not yet current
  • A bank that needs the account emptied before it will close it
  • Missing member or shareholder consent for the dissolution decision
Ask about your company’s situation
One fee per entity

Priced by entity type

Single-member LLCs first, because that is most of our customers. Every fee excludes the state’s own charge.

Dissolution scope by entity type
IncludedSingle-member LLCOne individual owner$699one-timeRequest dissolutionMulti-member LLCTwo or more members$899one-timeRequest dissolutionC‑CorporationCorporations of any size$999one-timeRequest dissolution
Articles of dissolution prepared and filed
Final federal returnForm 5472 with pro-forma Form 1120Form 1065 with Schedule K-1sForm 1120
Form 966 dissolution noticeNoNo
Member consent templateNoNo
Board and shareholder resolution templatesNoNo
Closure checklist for accounts and providers
Copies and a submission record for every filing
State filing feeAdditionalAdditionalAdditional

Single-member LLC: State filing fees are additional. Bookkeeping to reconstruct the final year is separate.

Multi-member LLC: State filing fees are additional. Bookkeeping to reconstruct the final year is separate.

C-Corporation: State filing fees and any outstanding franchise tax are additional and paid to the state.

One-time fees in USD. Tell us about the company first; we confirm scope, the state fee and any tax years still open before you pay anything.

Start with a dissolution request
Our commitment

What we correct at no charge

You approve the articles and the final return before they go out. If something we prepared is still wrong, fixing it is on us.

Refund terms are in the Terms of Service
  • Articles of dissolution the state rejects because of an error in a document we prepared: corrected and resubmitted at no charge for our work
  • A form error in the final federal return we prepared: a corrected filing prepared at no charge
  • A state or IRS follow-up about a filing we prepared: we draft the response with you at no charge
Closing questions

Dissolution, explained

Ask about your company
What is actually closed when you dissolve my company?

The state ends the entity’s registration once it accepts the articles of dissolution, and the IRS receives the final return. Bank accounts, contracts and subscriptions are separate and close on their providers’ terms.

Does the EIN get cancelled?

The IRS does not cancel or reuse an EIN. After the final return is filed, you can write to the IRS to close the business account tied to that EIN. We prepare that letter with your final filing on request.

What if I just stop using the company?

An entity that is still registered keeps its state obligations, including annual reports or franchise tax, and may still owe a federal filing. Dissolving formally is what ends those going forward.

Do I have to file a tax return for the final year?

Usually yes. A foreign-owned single-member LLC files a final Form 5472 with a pro-forma Form 1120 for the last year it existed. We prepare it as part of the dissolution.

How long does it take?

It depends on the state’s processing time, whether prior returns are current and how quickly accounts can be closed. We show you the order and tell you what is waiting on whom at each stage.

Can I open another US company later?

Yes. A completed dissolution does not prevent a new formation. Keeping copies of the dissolution filing and the final return is useful if a provider asks about the earlier company.

A clear close

State filing, final return and a checklist of what stays yours. Single-member LLC from $699.