Business Dissolution
Close your business the right way. We help navigate the legal, financial, and regulatory requirements for dissolving a California corporation, LLC, or partnership.
Business Dissolution Services for California Companies
Closing a business is rarely simple even when the decision itself is straightforward. California imposes specific legal requirements on the dissolution of corporations, LLCs, and partnerships, and failing to follow those requirements can leave business owners personally exposed to ongoing tax obligations, creditor claims, and regulatory liability.
At NewPoint Law Group, our attorneys guide California business owners through the dissolution process in a way that is organized, legally compliant, and as streamlined as possible given the circumstances.
The California Business Dissolution Process
While the exact steps vary by entity type, business dissolution in California generally involves:
Obtaining required owner or shareholder approval to dissolve
Filing a Certificate of Dissolution with the California Secretary of State
Notifying creditors and resolving outstanding claims
Liquidating and distributing remaining business assets
Filing final tax returns and settling obligations with the Franchise Tax Board
Canceling business licenses, permits, and registrations
Addressing any pending contracts, leases, or employee obligations
Protecting Yourself Through the Process
Business owners who attempt to dissolve their company without legal guidance often discover unresolved liabilities after the fact or find themselves personally responsible for obligations they believed were extinguished. Our attorneys help you identify and resolve those issues before they become problems.
Dissolution After Disputes
When dissolution arises from a business dispute a partner disagreement, a shareholder conflict, or a breach the legal process becomes more complex. NewPoint Law Group represents business owners in both voluntary and contested dissolution matters, and can coordinate with our litigation team when disputes require resolution.
* The information on this page is for general informational purposes only and does not constitute legal advice. Reading this content does not create an attorney-client relationship. Past results do not guarantee a similar outcome. Results vary based on the specific facts and legal circumstances of each matter.