Legal Question in Business Law in Florida

Dis-continuing a corporation

What is the proper procedure to cancel a corporation or close a corporation so that no further business may be conducted under that business corporation? I want to make sure that this corporation is no longer valid.


Asked on 3/20/02, 1:52 pm

2 Answers from Attorneys
Alexander M. Rosenfeld Rosenfeld & Stein, P.A.

Re: Dis-continuing a corporation

After the debt are paid and the balance of corporate affairs are completed, file a cetificate of dissolution. Better you retain counsel to assist in the winding down of the corporation.

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Answered on 3/20/02, 3:29 pm
Karen Spigler Law Firm of Karen Spigler, LLC

Re: Dis-continuing a corporation

A corporation can voluntarily dissolve by filing articles of dissolution with the Division of

Corporations in accordance with section 607.1401 or 607.1403, Florida Statutes. Section

607.1401, Florida Statutes, provides for the dissolution of a corporation that has not issued

shares or commenced business. Section 607.1403, Florida Statutes, provides for the dissolution of a corporation that has commenced business and issued shares. You will need a majority of the directors or incorporators (if no business has transacted) to approve the dissolution.

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Answered on 3/20/02, 5:21 pm


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