Withdrawals: Stop Doing Business in Other States
If you filed a Foreign Qualification in a state that you are no longer doing business with, you must file a Withdrawal to protect your business from any future responsibilities with that state. If this is your situation, let us file a Withdrawal for you. Click on "Order Now" and we'll get started with your paperwork.
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Is your business leaving a state? Get answers here.
- What do I file if I cease doing business in a particular jurisdiction?
- What is the effect of a Withdrawal?
Q: What do I file if I cease doing business in a particular jurisdiction?
A: Where a Corporation or Limited Liability Company (LLC) has previously filed as a foreign entity in a certain state and is no longer conducting business activities within that state, the entity must file an Application for Certificate of Withdrawal to ensure it will have no further obligations to that state.
Q: What is the effect of a Withdrawal?
A: Filing a withdrawal will terminate the corporate existence in that state. It is important to note, however, that in most jurisdictions, the application for withdrawal is not considered complete until all required fees, penalties, and costs have been paid.
As a business changes, it may be necessary to stop doing business in some states, and expand into others. Don't forget to file for a Foreign Qualification when beginning operations in a new state.
