Are you confused about how to close a business in Washington State? You’ve come to the right place. In this article, we’ll explain the steps you need to take to successfully close your business in Washington State. We’ll also provide some best practices to help ensure that the process runs smoothly.

How to Close a Business in Washington State?

Closing a business in Washington State requires you to take the following steps:

  • Submit a Revenue Clearance Certificate Application
  • Wait for processing
  • Fill out Articles of Dissolution
  • Submit the completed Certificate of Dissolution form to the Secretary of State by mail, fax or in person

If you are no longer doing business, you can close your account either online or by mail. Selling your business? The tax requirements vary. You can close your account online using My DOR, the fastest way to close your account. Alternatively, you can close your account by paper, using the 7 Steps to Dissolving a Washington Corporation.

Best Practices for Closing a Business in Washington State

If you choose to close a business in Washington State, the following best practices and steps should be taken:

  • Contact your attorney and accountant. It is important to contact your attorney and accountant to ensure that all necessary paperwork and filings are in order.
  • Collect the assets of the business. Ensure that all assets of the business are collected and distributed among the relevant parties.

Closing a business in Washington State can be a complex process, but if you follow the above steps and best practices, you can make sure the process runs smoothly.

At AtlantaBusinesses.com, we are experts in closing businesses in Washington State. We have years of experience in the field and can help you navigate the complexities of closing a business in Washington State. Visit our website at atlantabusinesses.com for more information on selling a business and working with business brokers.

What is the process of closing a business with the Washington Secretary of State?

Submit an application for a Revenue Clearance Certificate. Wait for it to be processed. Fill out the Articles of Dissolution and attach the certificate. Submit the Articles of Dissolution and wait for it to be processed. Notify your registered agent when complete.

What is the fee for terminating an LLC in Washington?

The laws governing Limited Liability Companies (Title 25.15 RCW) dictate that dissolution or withdrawal of the company is without a fee, while reinstatement requires a fee of $140 plus any unpaid annual report fees. An initial or amended annual report fee is $10 and an annual report fee is $60.

How should a business be shut down properly?

1
Submit a Final Tax Return and all related documents.
2
Attend to the needs of your staff.
3
Settle any outstanding taxes.
4
Report payments to independent contractors.
5
Cancel your Employer Identification Number and close your IRS business account.
6
Retain all documents.

What is the process for voluntarily dissolving an LLC in Washington state?

In order to shut down your LLC in Washington State, you need to submit the Certificate of Dissolution form to the Secretary of State, either by fax, mail or in person. After dissolving the LLC, it won’t be allowed to do any business in the state, with the exception of concluding its business affairs.