June 30, 2021
Corporate Compliance
Repealed - Dissolution Fees
Effective July 1, HB 647 repeals the processing fees for filing articles of dissolution and certificates of cancellation, as well as the processing fee for foreign entities’ applications of termination.
"This bill repeals the $100 nonrefundable processing fee that must be paid by business entities to the State Department of Assessments and Taxation (SDAT) for filing articles of dissolution and certificates of cancellation. The bill also repeals the $25 nonrefundable processing fee that foreign entities pay to file applications of termination. The bill takes effect July 1, 2021."
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"This bill repeals the $100 nonrefundable processing fee that must be paid by business entities to the State Department of Assessments and Taxation (SDAT) for filing articles of dissolution and certificates of cancellation. The bill also repeals the $25 nonrefundable processing fee that foreign entities pay to file applications of termination. The bill takes effect July 1, 2021."
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