How to close a c corporation in california. what form do I inevitability to steep out.?
Answers:
In charge to "close" (the usual possession is the "interweave up an dissolve") a C corporation contained by California -- which is usually call a "for-profit domestic [i.e. California] stock corporation" -- the corporation must report two separate documents:
(1) Certificate of Election to Wind Up and Dissolve, Form STK (see intertwine below); followed by
(2) Certificate of Dissolution, Form DISS STK.
If the corporation elect to twine up and dissolve previously ever completing its association, afterwards it may database the "Short Form Certificate of Dissolution", Form DSF STK.
Having shown how to do it, we recommend that the cororation and its shareholders consult a conversant tenet firm to determine whether they _should_ directory these papers. In tons cases, the tenet firm may recommend that the corporation and its shareholders not report anything but instead simply "stroll away" from the corporation. However, this is a remarkably complex issue, so competent counsel is a must.
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