Dissolve a Virginia LLC or corporation
File with the Virginia State Corporation Commission, then a final tax return.
The catch
A corporation signs a statement on its articles of termination that all state tax returns are filed and paid, so square up with Virginia Tax before that last filing.
How to close a company in Virginia
File your final tax return
Virginia wants $20 for a corporation, $25 for an LLC, and no tax letter from Virginia Tax.
Wind up the business
Hold the vote your governing documents and Virginia law require. Pay or set aside what you owe, in the order your lawyer advises.
File with the Virginia State Corporation Commission
LLC: LLC1050, $25. corporation: SCC743, SCC750, $10.
Pick how to file
Online or by mail. The SCC processes online filings in real time. It gives no time for paper filings.
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
| Fact | What we found | Source |
|---|---|---|
| Filing office | Virginia State Corporation Commission, Clerk's Office, (804) 371-9733 | Virginia State Corporation Commission |
| corporation: dissolve | SCC743: Articles of Dissolution of a Virginia Stock Corporation Fee: $10. Step one of two for a corporation that has issued shares and started business. The form and the forms page both list $10. Full notesHow to file: File online in the SCC Clerk's Information System, or mail to P.O. Box 1197, Richmond, VA 23218 with a check payable to the State Corporation Commission. Couriers deliver to 1300 E. Main St. No added fee online. | Virginia State Corporation CommissionVirginia State Corporation Commission |
| corporation: terminate | SCC750: Articles of Termination of a Virginia Stock Corporation Fee: $10. Step two. The SCC guide puts the total for both filings at $20. A corporation that never issued shares or never started business files SCC751 alone for $10. Full notesHow to file: Same as SCC743. The form has you certify that all state tax returns are filed and all state taxes paid. | Virginia State Corporation CommissionVirginia State Corporation Commission |
| LLC: cancel | LLC1050: Articles of Cancellation of a Virginia Limited Liability Company Fee: $25. One filing ends the LLC. The form and the forms page both list $25. How to file: Same online system, mailing address and courier address as the corporation forms. | Virginia State Corporation CommissionVirginia State Corporation Commission |
| Tax clearance | No, but corporations certify taxes paid. Virginia Department of Taxation (Virginia Tax). No certificate from Virginia Tax. A corporation certifies on SCC750 that its state tax returns are filed and its state taxes paid. LLCs make no tax statement. | law.lis.virginia.govVirginia State Corporation Commissionlaw.lis.virginia.govlaw.lis.virginia.govtax.virginia.gov |
| Before you file |
Full notes
| Virginia State Corporation Commissionlaw.lis.virginia.gov |
| Reports and final return | A corporation that stopped doing business keeps its legal existence, owes annual registration fees and files annual reports until the certificate of termination is recorded. | Virginia State Corporation Commission |
| How long it takes | The SCC processes online filings in real time. It gives no time for paper filings. | Virginia State Corporation Commission |
| Other tax stops |
| tax.virginia.gov |
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 Virginia LLC or corporation?
LLC (LLC1050): $25. corporation (SCC743, SCC750): $10. Fees change, so check the source link before you pay.
Do I need tax clearance to close a Virginia company?
Virginia does not require a tax clearance before you file. A corporation signs a statement on its articles of termination that all state tax returns are filed and paid, so square up with Virginia Tax before that last filing.
Where do I file in Virginia?
File with the Virginia State Corporation Commission, Clerk's Office. You can file online or by mail.
How long does it take to close a company in Virginia?
The SCC processes online filings in real time. It gives no time for paper 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.
