How To Cancel LLC In California?

Vote or approve the LLC dissolution according to the operating agreement

Stop doing business and wind up company affairs

Pay all outstanding debts, taxes, and liabilities

Notify creditors, customers, vendors, and employees

Close business bank accounts and cancel licenses, permits, and registrations

File final state tax returns with the California Franchise Tax Board

File final federal tax returns with the IRS

File Form LLC-4/7, Certificate of Cancellation, with the California Secretary of State

If required, file Form LLC-3, Certificate of Dissolution, before or with the cancellation filing

File any required final employment tax forms and payroll reports

Cancel the LLC’s EIN account only if instructed by the IRS

Keep records of the dissolution and final filings

Suggested for You

Trending Today