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Find and fill out the correct ftb 3716 domestic limited liability company request for voluntary administrative cancelation
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People also ask
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What happens after I dissolve my LLC?
Once the LLC is dissolved, the members (or managers, if the LLC is manager-managed) must begin winding up its affairs. The LLC statutes broadly describe what has to be done. There are three main tasks: Discharging the LLC's debts, obligations, and other liabilities.
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Can you reinstate a voluntarily dissolved LLC in California?
When your business has been suspended or forfeited, it is not in good standing and loses its rights, powers, and privileges to do business in California. To revive your business and be in good standing, you must: File all past due tax returns. Pay all past due tax balances.
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Can I reinstate a dissolved LLC in California?
Your business must be in good standing with the Secretary of State (SOS) to revive your business entity. To revive your business, you must file one of the following forms: Application for Certificate of Revivor – Corporation (FTB 3557 BC) Application for Certificate of Revivor – Limited Liability Company (FTB 3557 LLC)
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Is administrative dissolution bad?
Only entities authorized by the state, including a registered agent, manager, or designee acting on behalf of the company, can reinstate a dissolved LLC. The reinstatement process often requires paying particular attention to details, such as filing and submitting the necessary papers and paying the required fees.
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How much does it cost to reinstate an LLC in California?
LLC – The reinstatement of a California LLC with the SOS comes with a $20 filing fee. If you file in person, you will have to pay an additional $15 for the handling fee. For 24-hour expedited processing, you have to pay another $350. For same-day processing, you will have to add $750.
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How do I reinstate a voluntary dissolved LLC?
The Reinstatement Process Suppose a limited liability company has been dissolved for three to five years (depending on the state). In that case, it can be reinstated promptly by filing a completed reinstatement form and submitting all necessary papers (left-over annual reports).
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