QandAs: Business

How Do You Dissolve a Washington DC Corporation?

Answer:
To dissolve a Washington DC Corporation, it is necessary to file a Statement of Intent to Dissolve and an Articles of Dissolution

with the District of Columbia's Department of Consumer and Regulatory Affairs Business and Professional Licensing Administration, Corporations Decision.

Information necessary to complete the Statement of Intent to Dissolve includes: the name of the corporation, names and addresses of all directors and shareholders, and a written consent to dissolve signed by all shareholders. It must be signed by the president and secretary of the corporation and must be marked with the corporate seal. A sample form may be viewed at http://dcra.dc.gov/dcra/lib/dcra/information/forms_docs/pdf/intdis.pdf .

The Articles of Dissolution must include: the name of the corporation; the date the Statement of Intent to Dissolve was filed; and assertions that the entity's debts have been paid, assets have been distributed, and that no legal actions are pending. Formal guidelines for preparing an Articles of Dissolution for a Washington DC corporation are available at http://dcra.dc.gov/dcra/lib/dcra/information/forms_docs/pdf/adgl.pdf .

Both forms must be submitted, along with the associated filing fees, to the Corporations Division of the Department of Consumer and Regulatory Affairs.