There are certain legal regulations that businesses must follow to remain legitimate. Failing to follow these requirements (we all make mistakes!)—could cause a business to be involuntarily dissolved by the state. If this happens, file a Reinstatement as quickly as possible.
In most states, businesses are required to pay annual fees and taxes for the privilege of operating as a state entity and must submit an Annual Report (sometimes called a Statement of Information). If an incorporated business or LLC fails to file an Annual Report and pay requisite fees, that business may fall out of good standing, or even be involuntarily dissolved by the state. If this happens, the state will more than likely require that a business file a Reinstatement to restore it to active status and good standing.
We can prepare your Reinstatement for your review and submission to the appropriate state agency in any of the 50 states. This will ensure that your Corporation or LLC is in full compliance with its corporate formalities, and is restored to active status and good standing.
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In most jurisdictions, both domestic and foreign Corporations and LLCs are required to pay annual fees and taxes for the privilege of operating as a state entity. In addition to these annual fees, most states also require that Corporations (and often LLCs) submit information about corporate activities or corporate changes that will become public record. In most states, this information report is referred to as an "Initial Report", "Annual Report" or "Statement of Information."
When a corporation or LLC fails to file Initial/Annual Reports and/or the Statement of Information or where a corporation fails to pay requisite fees, the entity may either fall out of good standing or be involuntarily dissolved by the state.
In the event that your corporation or LLC falls out of good standing or is involuntarily dissolved, most states will require that the entity file a Reinstatement to restore to active status and good standing. To ensure that your corporation or LLC is in full compliance with its corporate formalities and is restored to active status and good standing, we can prepare your Reinstatement documents for your review and submission to the appropriate state agency for any of the 50 states.
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