Steps to close a Florida LLC
- Approve the dissolution as your operating agreement requires, and record the decision in writing.
- File Articles of Dissolution with the Division of Corporations. The fee is $25.
- Wind up: collect what the LLC is owed, pay its debts and distribute what remains to the members.
- File final tax returns, federal and state, marking them as final.
- Close accounts: cancel sales tax and reemployment tax registrations, the Local Business Tax Receipt, licenses and the business bank account.
- Close the EIN account by writing to the IRS once final returns are filed.
Dissolution versus administrative dissolution
If you just stop filing annual reports, the state dissolves the LLC administratively. That leaves a record that it fell out of compliance and does not wind up anything for you. A voluntary dissolution is the clean way out.
Changed your mind?
Within the allowed period, a dissolution can be revoked with Articles of Revocation of Dissolution. The fee is $100.
Frequently asked questions
How much does it cost to dissolve an LLC in Florida?
The state fee for Articles of Dissolution is $25.
Can I just stop filing the annual report instead?
You can, but the LLC ends up administratively dissolved without being wound up. Filing a voluntary dissolution is cleaner.
This page is general information, not legal or tax advice. For your specific situation, talk to a licensed attorney or CPA.