Closing a business can be emotional, but it doesn’t have to be difficult.
Follow These Steps
File Closure With the Secretary of State
Settle Assets
If a business is permanently closing, assets of the business may need to be sold off and reported as taxable income for the business.
Find out about Going Out of Business Sales and everything else you need to consider on the
Secretary of State's Close a Business page.
Close Any Licenses
You might have licenses that need to be closed for your business. Visit the
Business Xpress License Directory for what licenses might apply to your type of business.
Taxes
Even though your business is closed, you are still responsible for filing taxes.