Dissolve a Vermont LLC or corporation

File with the Vermont Secretary of State, then a final tax return.

The catch

The Secretary of State does not close your tax account. You do that in myVTax, one account at a time.

How to close a company in Vermont

  1. File your final tax return

    Vermont charges $35 or $20 and treats tax clearance as optional for a corporation.

  2. Wind up the business

    Hold the vote your governing documents and Vermont law require. Pay or set aside what you owe, in the order your lawyer advises.

  3. File with the Vermont Secretary of State

    LLC: No form number found, $20. corporation: No form number found, $35.

  4. Pick how to file

    Online or by mail. The Secretary of State says to allow 7 to 10 business days for mail filings.

  5. Check your records

    Before you close accounts or delete Slack, work out what you must keep and whether a buyer may want it.

Facts and sources

Vermont dissolution facts, each with a link to its source
FactWhat we foundSource
Filing office

Vermont Secretary of State, Business Services

Vermont Secretary of State
corporation: dissolve

No form number found: Articles of Dissolution (by board of directors and shareholders), 11A V.S.A. section 14.03

Fee: $35. The fee schedule also lists $35 for articles of dissolution by incorporators or initial directors.

Full notes

How to file: The Secretary of State prefers online filing, with no extra fee. By mail, allow 7 to 10 business days.

Vermont Secretary of State
LLC: terminate

No form number found: Articles of Termination, 11 V.S.A. section 4105

Fee: $20. The fee schedule lists no separate LLC articles of dissolution. Articles of Termination are $20.

How to file: Same as corporations.

Vermont Secretary of State
Tax clearance

No. Vermont Department of Taxes.

Tax clearance (optional, after filing articles of dissolution)

legislature.vermont.govVermont Department of Taxes
Before you file
  • Corporation: shareholders approve dissolution
  • Pay remaining taxes and file all returns due
  • Close each business tax account with the Department of Taxes
  • Withholding: file the final WHT-434 reconciliation within 30 days of closing the withholding account
legislature.vermont.gov
How long it takes

The Secretary of State says to allow 7 to 10 business days for mail filings.

Vermont Secretary of State
Other tax stops
  • Vermont Department of Taxes: Close business tax accounts in myVTax or Form B-2. Optional corporate tax clearance
Vermont Department of Taxes

Fees and form numbers change, so check the source before you file.

A checklist can keep you from forgetting things. It cannot tell you what your state requires today. Have your lawyer or CPA look at it before you rely on it. Vaultfish helps you run the process. We are not lawyers and this is not legal advice. If you need counsel who knows this area, we can point you to one. Ask for a referral

Questions people ask

How much does it cost to close a Vermont LLC or corporation?

LLC (No form number found): $20. corporation (No form number found): $35. Fees change, so check the source link before you pay.

Do I need tax clearance to close a Vermont company?

Vermont does not require a tax clearance before you file. The Secretary of State does not close your tax account. You do that in myVTax, one account at a time.

Where do I file in Vermont?

File with the Vermont Secretary of State, Business Services. You can file online or by mail.

How long does it take to close a company in Vermont?

The Secretary of State says to allow 7 to 10 business days for mail filings.

What happens to my Slack, email and CRM when I close?

Closing the company does not decide what happens to your records. Keep what tax and payroll rules ask for. The IRS gives retention periods on its site. Then check what the rest could be worth before you delete it.

Is this legal advice?

No. We read the state pages so you don't have to, then link to them so you can check our work. Have your lawyer or CPA read it too. They like that.