How to Dissolve an LLC in Ohio

If you no longer wish to conduct business with your LLC, it is important to officiallydissolveit. Failure to do so in a timely fashion can result in tax liabilities and penalties, or even legal trouble.

To dissolve anLLC in Ohio, simply follow these three steps:

  1. Follow the Operating Agreement
  2. Close Your Business Tax Accounts
  3. File Articles of Dissolution

Step 1: Follow Your Ohio LLC Operating Agreement

For most118bet金博宝 , the steps for dissolution will be outlined in the188金宝搏官方网站. Some common dissolution steps include:

  • Holding a vote with LLC members to dissolve the LLC
  • Recording the dissolution vote in the LLC’s meeting minutes
  • Determining the formal date of dissolution
  • 分布of LLC assets
  • Notifying creditors and settling any business debts

If your LLC does not have any set dissolution procedures in its operating agreement, you should consult the state for further instruction.

Step 2: Close Your Business Tax Accounts

Every activeOhio LLChas various tax accounts that are maintained by different departments within the Ohio State government. Before you can dissolve your LLC, you must first pay off all taxes and/or fines owed to these accounts.

Here are some of the common taxes your LLC may owe:

  • Ohio Commercial Activity Tax
  • If you have or have had employees in Ohio:
    • Unemployment Insurance Tax
    • Employee Withholding Tax
  • If your LLC sells or has sold taxable goods or services in Ohio:
    • Sales & Use Tax

Closing your tax accounts usually involves simply filing a final return to the appropriate agency. However, some accounts require submitting other official paperwork. If you need assistance in closing your tax accounts, it may be helpful to hire aCertified Public Accountant.

NOTE:None of your LLC's tax accounts can be closed if they have a remaining balance. All taxes, penalties, fees, and interest must be paid in full before you can dissolve your LLC.

Step 3: File Articles of Dissolution

Articles of Dissolution, known in Ohio as Certificate of Dissolution, are the forms that you file to voluntarily dissolve your LLC. Once this document has been filed and processed, your LLC will no longer legally exist.

Ohio requires business owners to submit their Certificate of Dissolution by mail or online.

File the Ohio LLC Articles of Dissolution

Option 1:File by Mail

Download Form

- OR -

Option 2:File Online

File online

Fee:$20

You can also have a professional service provider file your Articles of Dissolution for you.Incfileprepares the Articles of Dissolution for you, and files them to the state for $149 + State Fees.

Other Ohio LLC Resources