How to Dissolve a Corporation in New Hampshire (How to legally Close a New Hampshire Business)
NEW HAMPSHIRE BUSINESS SERVICES CORPORATION Incorporate in New Hampshire New Hampshire Professional Corporation New Hampshire Nonprofit Corporation NH Corporation Foreign Qualification New Hampshire Corporation Annual Report New Hampshire Corporation Dissolution LLC Form a LLC in New Hampshire NH LLC Foreign Qualification New Hampshire LLC Annual Report New Hampshire LLC Dissolution OTHER NEW HAMPSHIRE BUSINESS SERVICES New Hampshire Good Standing Certificate New Hampshire Apostille New Hampshire DBA Name New Hampshire Registered Agent NH Corporation Kit and Seal New Hampshire Certified Copies NH Business Reinstatement NH Company Name Reservation NH Tax Status Compliance Certificate NH Attorney Good Standing Certificate New Hampshire Property Deed NH Employer Requirements QUICK ENTRY FORMS New Hampshire Incorporation New Hampshire LLC NH Professional Corporation NH Nonprofit Corporation NH Foreign Corporation NH Foreign LLC NH LLC Dissolution NH Corporation Dissolution CORPORATE GLOSSARY   Administrative Dissolution Agent for Service of Process Apostille Apportionment Articles of Incorporation Articles of Organization Assumed Name At Will LLC Authorized Shares B Corporation Benefit Corporation Board of Directors Business Dissolution Business Entity Bylaws Certificate of Existence Certificate of Status Certified Copy Close Corporation Common Stock Conversion Corporate Bylaws Corporate Name Reservation Corporate Stock DBA Disregarded Entity Dividends ESOP Excise Tax Federal Tax ID Ficticious Name Foreign Qualification Franchise Tax General Partnership Good Standing Certificate Incorporator Involuntary Dissolution IRS Form 966 ITIN Limited Liability Company Limited Partnership Liquidation LLC LP Majority Shareholder Meetings Merger Nexus Non-Stock Corporation Nonprofit Corporation Obligated Member LLC Organizer Paid-in Capital Paid-in Surplus Par Value Personal Service Corporation Preferred Stock Privilege Tax Professional Corporation Professional Service Proxy Registered Agent Registered Office Reporting Requirements Revocation S Corporation Series LLC Service Mark Shareholder Sole Proprietor Stated Capital Statutory Agent Stock Certificate Term LLC Trade Name Trademark Trust Trustee Winding Up	What is New Hampshire Corporation Dissolution? A New Hampshire Corporation is created when the NH Secretary of State approves the Articles of Incorporation. A record of the New Hampshire Corporation is added to the list of Corporations which have officially registered with the New Hampshire Secretary of State.  Once a Corporation is registered with the New Hampshire Secretary of State, that Corporation immediately has both reporting and tax obligations which incur penalties if the obligations are not met by the required deadlines.   more... less... A New Hampshire Corporation is created when the NH Secretary of State approves the Articles of Incorporation. A record of the New Hampshire Corporation is added to the list of Corporations which have officially registered with the New Hampshire Secretary of State.  Once a Corporation is registered with the New Hampshire Secretary of State, that Corporation immediately has both reporting and tax obligations which incur penalties if the obligations are not met by the required deadlines.   If you've registered a New Hampshire Corporation with the New Hampshire Secretary of State and want to cease business activities you have to let the NH Secretary of State know that you intend to close your company.  Only after the NH Secretary of State has made sure that all of the obligations of the New Hampshire Corporation have been fulfilled will the Secretary of State approve of the closure of the company. When the New Hampshire Secretary of State approves the closing of a NH Corporation, that New Hampshire Corporation is said to be Dissolved.   The process of Dissolving a New Hampshire Corporation is called New Hampshire Corporation Dissolution. Before a New Hampshire Corporation can Dissolve, that NH Corporation must first obtain a Certificate of Dissolution from the New Hampshire Department of Revenue Administration. In the state of New Hampshire all debts of a NH Corporation must be paid prior to Dissolution. Also, if any shares have been issued by the New Hampshire Corporation, the net assets of the NH Corporation must have been distributed. A Dissolved NH Corporation continues its Corporate existence but may not carry on any business except that needed to wind up and liquidate its business and affairs. Why do I need to Dissolve a New Hampshire Corporation? As soon as a New Hampshire Corporation is registered with the NH Secretary of State, that Corporation is responsible for recurring obligations of the New Hampshire Secretary of State and the New Hampshire Department of Revenue Administration.  If the New Hampshire Corporation does not file reports or pay taxes then that NH Corporation could be responsible for penalties which go up as time goes by. Unless you Dissolve your New Hampshire Corporation with the New Hampshire Secretary of State that NH Corporation will be responsible for all recurring fees and penalties. What do I have to do to Dissolve a New Hampshire Corporation? New Hampshire Corporation Dissolution is one part of a larger process commonly called the "Winding Up" process.   more... less... New Hampshire Corporation Dissolution is one part of a larger process commonly called the "Winding Up" process. There are things you need to do before you can request approval of Corporation Dissolution from the New Hampshire Secretary of State; and things that you have to do after the NH Secretary of State has approved Dissolution of the New Hampshire Corporation.  What you have to do both before and after the New Hampshire Corporation is Dissolved largely depends on how much stock, if any, has been issued and how much and what kind of debts and liabilities that the New Hampshire Corporation has.  If the New Hampshire Corporation has not commenced business then the NH Corporation Dissolution process is easier. What do I have to do before I Dissolve a New Hampshire Corporation? Things you need to do before you Dissolve a New Hampshire Corporation.   1. Hold a Directors meeting and record a resolution to Dissolve the New Hampshire Corporation   2. Hold a Shareholder meeting to approve Dissolution of the New Hampshire Corporation   3. File all required Annual Reports with the New Hampshire Secretary of State   4. Clear up any business debt   5. Pay all taxes and administrative fees owed by the New Hampshire Corporation more... less... 1. Hold a Board of Directors meeting and record a resolution to Dissolve the New Hampshire Corporation If a Board of Directors has been appointed for the New Hampshire Corporation then the Board is required to adopt a resolution to Dissolve the NH Corporation. Minutes of the meeting must be recorded and retained in the business records. If the Board of Direcrtors has not been appointed then the Incorporator(s) have to apply for Dissolution of the New Hampshire Corporation. We can transcribe and compile minutes or approvals into a form that is legally recognized by the New Hampshire Secretary of State. 2. Hold a Shareholder meeting to approve Dissolution of the New Hampshire Corporation If a New Hampshire Corporation has issued shares of stock then a majority of Corporate Shareholders must approve the Dissolution plan. The approval actions should be documented and kept in the business records. If no shares have been issued then the New Hampshire Corporation Dissolution process is easier. If necessary, we can transcribe and compile minutes into a form that is legally recognized by the New Hampshire Secretary of State. 3. File all required Annual Reports with the New Hampshire Secretary of State The New Hampshire Secretary of State will not approve the Dissolution of a NH Corporation until all required reports have been filed. We can file any required Annual Report with the NH Secretary of State. 4. Clear up any business debts All creditors of a New Hampshire Corporation should be given notice of the pending Corporation Dissolution. Each creditor should be given a mailing address to which they may submit claims as well as a deadline by which claims may be submitted. While the New Hampshire Secretary of State does not legally require the publication of a Notice of Dissolution of a New Hampshire Corporation, publication is a good way to notify anyone who might have a claim against the New Hampshire Corporation.  Evidence of publication might prove useful down the line if someone makes a claim against the NH Corporation after the New Hampshire Corporation has been dissolved. 5. Pay all taxes and administrative fees owed by the New Hampshire Corporation The New Hampshire Secretary of State will definitely not approve the Dissolution of a New Hampshire Corporation until all outstanding taxes and applicable registration and administrative fees have been paid. less... What do I have to do after I Dissolve a New Hampshire Corporation? Things you have to do after you Incorporate in New Hampshire.   1. Distribute all remaining assets of the New Hampshire Corporation   2. Close all business bank accounts of the New Hampshire Corporation   3. Cancel all local business licenses and permits   4. File Form 966 with the IRS   5. Cancel the IRS account associated with the NH Corporation's Federal Tax ID (EIN) more... less... 1. Distribute all remaining assets of the New Hampshire Corporation If the New Hampshire Corporation has any remaining assets, these may be divided according to the Shareholders' ownership interests in the NH Corporation. All distributions to Corporate Shareholders must be reported to the IRS. 2. Close all business bank accounts of the New Hampshire Corporation If there are any business accounts that have been opened for the New Hampshire Corporation then those accounts must be closed. If Corporate business accounts are left open there may be liability and obligations of the Dissolved New Hampshire Corporation which could lead to legal problems. 3. Cancel all local business licenses and permits of the NH Corporation If the New Hampshire Corporation has obtained any state, regional, county or city business licenses or permits, each of those must be cancelled to avoid any reporting or fiscal obligations of the New Hampshire Corporation. This includes business registration licenses as well as reseller permits. 4. File IRS Form 966 All Dissolved New Hampshire Corporations must file IRS Form 966 with the US Internal Revenue Service. This filing is required within 30 days after the final Dissolution plan is approved. Filing IRS Form 966 lets the Federal Government know that the New Hampshire Corporation has been legally Dissolved so that it may take the appropriate actions. We can prepare IRS Form 966 for you to file. 5. Cancel the IRS account associated with the NH Corporation's Federal Tax ID (EIN) A Federal Tax ID, or Federal Employer Identification Number (EIN), is like the Social Security Number for the New Hampshire Corporation.  Once the IRS links an EIN to a New Hampshire Corporation, that EIN stays with the New Hampshire Corporation even after the Company has been Dissolved by the New Hampshire Secretary of State. When the IRS processes the final tax return for the New Hampshire Corporation, they automatically make the EIN inactive.  However, the account associated with the EIN is not automatically closed.  Closing the account associated with the EIN lessens the likelihood of any problems with the EIN account, or with the IRS, in the future. If you should decide to revivie the New Hampshire Corporation down the line the IRS will reactivate the old EIN for your new Business. Before a New Hampshire Corporation can close an EIN account, it must be in Good Standing with the IRS.  The New Hampshire Corporation must have filed all required tax returns and paid any applicable fees and penalties due to the IRS.  The New Hampshire Corporation cannot close its EIN account until the IRS has received payment for any tax amounts the Company may owe. We can prepare the formal documents which you can sign and submit to the IRS in order to close the account associated with your EIN. How long does it take to Dissolve a New Hampshire Corporation? The time it takes to Dissolve a New Hampshire Corporation varies depending on how long it takes to complete the actions that are required in each specific case - holding meetings, closing accounts, distributing assets, etc. Once the initial actions are completed, the New Hampshire Secretary of State usually takes around 7-10 business days to process the Articles of Dissolution.    more... less... The time it takes to Dissolve a New Hampshire Corporation varies depending on how long it takes to complete the actions that are required in each specific case - holding meetings, closing accounts, distributing assets, etc. Once the initial actions are completed, the New Hampshire Secretary of State usually takes around 7-10 business days to process the Articles of Dissolution. Processing times for New Hampshire Corporation Dissolution filings vary depending on the work load of the Secretary of State's staff.  We've found that normal processing of New Hampshire Dissolution filings takes the state around 7-10 business days. PLEASE NOTE: WE CANNOT GUARANTEE NEW HAMPSHIRE SECRETARY OF STATE PROCESSING TIMES. We are dependent on, and have no control over, the staff and systems of the New Hampshire Secretary of State . In our experience 7-10 business days is the time it usually takes the New Hampshire Secretary of State to process a New Hampshire Dissolution filing. We get your New Hampshire Corporation Dissolution filing to the NH Secretary of State ASAP. Once it is at the state we have no control over the New Hampshire Dissolution approval process. How much does it cost to Dissolve a Corporation in New Hampshire? The total cost to Dissolve a New Hampshire Corporation varies depending on exactly what is required for each specific NH Dissolution. We charge $249.00 plus any state fees for our New Hampshire Corporation Dissolution services. This includes: Same day processing Transcribe minutes of Board of Directors meeting which proposes Dissolution Transcribe minutes of Shareholders meeting at which Dissolution was approved Prepare and file Articles of Dissolution with the New Hampshire Secretary of State Prepare US IRS Form 966 for you to sign and file Prepare documents to cancel Federal EIN account Certified copy of Dissolution filing from NH Secretary of State Priority Mail Delivery of all documents Unlimited Customer Support We also offer these New Hampshire Corporation Dissolution services separately as explained on the right side of this web page. What do I have to do if I want to Dissolve a Foreign Corporation that is tied to a NH Domestic Corporation? If there are Foreign Corporations in states other than New Hampshire that are tied to the Domestic New Hampshire Corporation then each of those Foreign Corporations must be Dissolved before the New Hampshire Corporation is legally Dissolved. Can I revoke Dissolution after it is approved by New Hampshire? Articles of Dissolution for a NH Corporation which are pending may be cancelled. Once the New Hampshire Secretary of State has approved the Articles of Dissolution, the New Hampshire Corporation may request revocation within 120 days of the date on which the NH Secretary of State approved the Articles of Dissolution. How long before someone can use my Corporation name in New Hampshire after I Dissolve? The company name of a Dissolved New Hampshire Corporation may not be used by another NH Corporation or LLC within 120 days of the date on which the New Hampshire Secretary of State approved the Dissolution of the NH Corporation. After 120 days the company name becomes available to any New Hampshire Corporation or LLC. There are no protections on the use of a NH company name after 120 days from the date of Dissolution. Do I have to publish a Notice of Dissolution of the New Hampshire Corporation? There are no state of New Hampshire requirements for the publication of a Notice of Dissolution of a New Hampshire Corporation. While the New Hampshire Secretary of State does not legally require the publication of a Notice of Dissolution of a New Hampshire Corporation, publication is a good way to notify anyone who might have a claim against the New Hampshire Corporation.  Evidence of publication might prove useful down the line if someone makes a claim against the NH Corporation after the New Hampshire Corporation has been dissolved.	NEW HAMPSHIRE CORPORATION DISSOLUTION SERVICES For $249.00 our New Hampshire Corporation Dissolution Services include: Same day processing explain We will start processing your application for a New Hampshire Corporation Dissolution on the same day that you submit your order.  We get your NH Corporation Dissolution filing to the New Hampshire Secretary of State as fast as possible.  Once they get the application, the NH Secretary of State usually takes 7-10 business days to process a New Hampshire Corporation Dissolution filing. Transcribe minutes of Board of Directors meeting which proposes Dissolution Transcribe minutes of Shareholders meeting at which Dissolution was approved Prepare and file Articles of Dissolution with the New Hampshire Secretary of State Prepare US IRS Form 966 for you to sign and file Prepare documents to cancel the Federal EIN account linked to the New Hampshire Corporation Certified copy of Dissolution filing from NH Secretary of State Priority Mail Delivery of all documents Unlimited Customer Support A LA CARTE NEW HAMPSHIRE DISSOLUTION SERVICES If you don't need our complete New Hampshire Corporation Dissolution package we offer our Dissolution services separately check the box next to any option, price will be calculated automatically Transcribe Board meeting minutes - $75.00   explain If a Board of Directors has been appointed for the New Hampshire Corporation then the Board is required to adopt a resolution to Dissolve the NH Corporation. Minutes of the meeting must be recorded and retained in the business records. We will transcribe the minutes of the Board meeting into a format that is legally acceptable in the state of New Hampshire. We will also compile a formal resolution to Dissolve the New Hampshire Corporation for your records. Transcribe Shareholder meeting minutes - $75.00   explain If a New Hampshire Corporation has issued shares of stock then a majority of Corporate Shareholders must approve the Dissolution plan. The approval actions should be documented and kept in the business records. We will transcribe the minutes of the Shareholder meeting into a format that is legally acceptable in the state of New Hampshire. Prepare and file Articles of Dissolution - $75.00   explain As soon as the preliminary New Hampshire Corporation Dissolution actions are completed we will prepare and file the Articles of Dissolution with the New Hampshire Secretary of State in the quickest way possible Prepare IRS Form 966 - $65.00   explain All Dissolved New Hampshire Corporations must file IRS Form 966 with the US Internal Revenue Service. This filing is required within 30 days after the final Dissolution plan is approved. Filing IRS Form 966 lets the Federal Government know that the New Hampshire Corporation has been legally Dissolved. We will prepare IRS Form 966 for you to file. Prepare EIN cancellation documents - $65.00   explain A Federal Tax ID, or Federal Employer Identification Number (EIN), is like the Social Security Number for the New Hampshire Corporation.  Once the IRS links an EIN to a New Hampshire Corporation, that EIN stays with the New Hampshire Corporation even after the Company has been Dissolved by the New Hampshire Secretary of State. When the IRS processes the final tax return for the New Hampshire Corporation, they automatically make the EIN inactive.  However, the account associated with the EIN is not automatically closed by the IRS.  Closing the account associated with the EIN lessens the likelihood of any problems with the EIN account - or with the IRS - in the future. We will prepare formal documents to get your New Hampshire Corporation's EIN account closed as quickly as possible. Processing fees $249.00 New Hampshire Dissolution fees $42.00 Optional services $0.00 Total cost $291.00 OUR ADVANTAGE We start processing your New Hampshire Corporation Dissolution order as soon as it arrives. We get your documents to the New Hampshire Secretary of State in the quickest possible way.  We guarantee our work.  If you're not satisfied with our New Hampshire Dissolution services we will refund 100% of your processing fees. We've been helping Corporations legally Dissolve in New Hampshire for over ten years.  Our A+ BBB rating speaks for itself! 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