If a Board of Directors has been appointed for the Virginia Corporation then the Board is required to adopt a resolution to Dissolve the VA Corporation. Minutes of the meeting must be recorded and retained in the business records. We will transcribe the minutes of the Board meeting into a format that is legally acceptable in the state of Virginia. We will also compile a formal resolution to Dissolve the Virginia Corporation for your records.

If a Virginia Corporation has issued shares of stock then a majority of Corporate Shareholders must approve the Dissolution plan. The approval actions should be documented and kept in the business records. We will transcribe the minutes of the Shareholder meeting into a format that is legally acceptable in the state of Virginia.

As soon as the preliminary Virginia Corporation Dissolution actions are completed we will prepare and file the Articles of Termination of Corporate Existence with the Virginia State Corporation Commission in the quickest way possible

All Dissolved Virginia Corporations must file IRS Form 966 with the US Internal Revenue Service. This filing is required within 30 days after the final Dissolution plan is approved. Filing IRS Form 966 lets the Federal Government know that the Virginia Corporation has been legally Dissolved. We will prepare IRS Form 966 for you to file.

A Federal Tax ID, or Federal Employer Identification Number (EIN), is like the Social Security Number for the Virginia Corporation.  Once the IRS links an EIN to a Virginia Corporation, that EIN stays with the Virginia Corporation even after the Company has been Dissolved by the Virginia State Corporation Commission.

When the IRS processes the final tax return for the Virginia Corporation, they automatically make the EIN inactive.  However, the account associated with the EIN is not automatically closed by the IRS.  Closing the account associated with the EIN lessens the likelihood of any problems with the EIN account - or with the IRS - in the future.

We will prepare formal documents to get your Virginia Corporation's EIN account closed as quickly as possible.