09/08/2026
Businesses that are no longer operating may need to be formally dissolved, while those that have fallen out of good standing may require reinstatement. The two most common paths are outlined below to help you determine the right next step.
No Longer Operating? It May Be Time to Dissolve.
Consider a Dissolution or Withdrawal if you or your client:
• Permanently closed the business
• No longer generate revenue
• No longer need the entity
• Have exited a particular state
• Want to avoid future fees, filings, and compliance obligations
Why it matters: Formally closing a business can help prevent ongoing state obligations, penalties, and unwanted compliance notices.
Close a Business
Still Operating but Not in Good Standing? Get Back on Track.
A Reinstatement may be needed if you or your client:
• Are inactive, suspended, revoked, or not in good standing
• Missed a required state filing
• Need a Certificate of Good Standing
• Are seeking financing, licenses, permits, or contracts
What Reinstatement May Require
To restore good standing, states often require:
• Filing past-due reports and other required filings
• Paying outstanding fees, taxes, penalties, or interest
• Meeting any additional state requirements
Reinstate a Business
Don’t Wait Until There’s a Problem
Many business owners don’t discover compliance issues until they need financing, a Certificate of Good Standing, a license, or an important filing. Identifying issues now can help avoid delays, penalties, and unexpected costs later.
Act Now Before Year-End
Whether you need to properly close a business or restore one to good standing, addressing it now can help avoid year-end deadlines, compliance issues, and last-minute surprises.