Vernon, NJ asked in Business Law for New Jersey

Q: what was requirement to desolve a corporation in 1998 in new jersey

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2 Lawyer Answers

H. Scott Aalsberg Esq.

  • East Brunswick, NJ
  • Licensed in New Jersey

A: Unfortunately just like you an attorney would need to research this and thus you will need to setup a consultation with a lawyer to do this and expect to pay for his time and advise. Current law is easy, old law is not.

Paul J. Riviere

  • Jackson, NJ
  • Licensed in New Jersey

A: If it was an LLC then it is not a complex process. An LLC formed prior to March 20, 2013 may simply be canceled (closed). This takes place by filing the required cancellation form with the New Jersey Department of Treasury. You will also, need to file tax returns and pay any outstanding taxes due as a result of the LLC’s operations up to the date of its formal cancellation. Dissolving another form of Corporation is more in depth.

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