If you're winding down your company, you also need to dissolve it officially with the state.
After settling your final bills, formally dissolving lets creditors know your business can't incur future debts.
Until you dissolve your business, you're still on the hook for the fees and taxes that come with operating it.
UgX 1,500,000 + filing fees
Create you dissolution paperwork
State filing
UgX 2,500,000 + filing fees
Everything from standard package plus
Expedited processing of your paperwork
Delivery of your filed doc 2-3 business days after we receive it from the state.
It's the form that lets the state know your business is officially dissolving. Articles of dissolution are required for most business types, such as LLCs and corporations. If you have a sole proprietorship—an unincorporated business that you run and own alone—there's no need to file if you stop doing business.
It's important to file a dissolution when you end a business or the state will continue to expect the business to meet its legal obligations, such as having licenses, filing reports, and paying business taxes.
You'll still be obligated to file reports, pay taxes, and more. If you don't dissolve and fail to meet those obligations, you could face fines, penalties, and the loss of your personal liability protection.
Before dissolving your business, it's important to consult your articles of association or bylaws for any guidelines on how to dissolve. You should also notify creditors and pay business taxes you may owe. Once you're ready, you can easily file articles of dissolution with us: answer a few questions online, and we'll create and file your paperwork with the state.
Have questions, need support, or want to learn more about our services? Our team is ready to assist you. Reach out to us through any of the channels below, and we'll get back to you as soon as possible. Your legal needs are our priority.
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