Business Dissolution Attorney in Tampa

Closing a business is more than just ending operations — it’s a legal process that requires careful attention to financial, tax, and compliance obligations. At Roussos Law Group, we guide business owners through business dissolution in Florida with precision and care, ensuring every legal requirement is met and your personal and professional interests are protected.

Whether your company is winding down voluntarily or due to a dispute, we provide strategic legal counsel to help you close the chapter responsibly and minimize risk.

Understanding Business Dissolution

“Business dissolution” refers to the formal legal process of ending a company’s existence under Florida law. This process involves notifying the state, creditors, and other stakeholders that the business will no longer operate.

The governing laws depend on your entity type — primarily:

  • Florida Revised Limited Liability Company Act (Chapter 605, F.S.) for LLCs
  • Florida Business Corporation Act (Chapter 607, F.S.) for corporations

 

Dissolution can occur for several reasons, such as retirement, business restructuring, partner disputes, or financial difficulties. It is critical to properly file dissolution documents with the Florida Division of Corporations to prevent continued tax and legal obligations.

Why Business Dissolution Matters for Florida Business Owners

Properly dissolving your business protects you from future liability and ensures compliance with Florida law. Simply ceasing operations without legal closure can lead to tax penalties, lawsuits, or credit issues.

Effective dissolution helps you:

  • Avoid ongoing state filing fees and penalties
  • Notify creditors and settle outstanding obligations
  • Protect personal assets from future claims
  • Resolve ownership or partnership disputes cleanly
  • Ensure compliance with tax, licensing, and regulatory laws

 

Whether your company is a single-member LLC or a multi-partner corporation, an attorney can ensure the dissolution process is handled correctly from start to finish.

Common Issues We Handle

At Roussos Law Group, we frequently assist clients with legal challenges that arise during the dissolution process, including:

  • Disputes among business partners or shareholders
  • Unresolved debts or outstanding contracts
  • Employee or lease termination issues
  • Failure to file Articles of Dissolution or notify the state
  • Mishandled asset distribution or liquidation
  • Tax clearance and final accounting

 

Improper or incomplete dissolution can expose owners to unnecessary financial and legal consequences — even years later.

Checklist for Business Dissolution in Florida

If you’re preparing to close your business, these steps can help ensure a clean and compliant process:

  • Hold a formal vote or meeting approving the dissolution (if required by your bylaws or Operating Agreement).
  • File Articles of Dissolution with the Florida Division of Corporations.
  • Notify the IRS and Florida Department of Revenue to close tax accounts.
  • Pay outstanding debts and notify creditors of the dissolution.
  • Distribute remaining assets according to ownership percentages or agreements.
  • Cancel business licenses and permits.
  • Maintain records of dissolution documents for at least five years.

 

Following these steps under the guidance of a business attorney helps prevent future liability or reinstatement fees.

Frequently Asked Questions

Do I need to file paperwork to dissolve my Florida business?

Yes. You must file Articles of Dissolution with the Florida Division of Corporations to officially terminate your entity and avoid ongoing obligations.

Can I dissolve my business if my partners disagree?

It depends on your operating or shareholder agreement. An attorney can help negotiate a resolution or pursue judicial dissolution if necessary.

What happens if I don’t properly dissolve my business?

You may continue to incur taxes, annual report fees, or legal liability even after closing your doors.

Can I reopen my dissolved business later?

Yes, some entities can be reinstated by filing for reinstatement within a certain time frame and paying all outstanding fees.

What documents do I need to dissolve my LLC or corporation?

Typically, Articles of Dissolution, final tax filings, and notice to creditors — your attorney can ensure everything is properly completed.

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Frequently Asked Questions

Do I need to file paperwork to dissolve my Florida business?

Yes. You must file Articles of Dissolution with the Florida Division of Corporations to officially terminate your entity and avoid ongoing obligations.

Can I dissolve my business if my partners disagree?

It depends on your operating or shareholder agreement. An attorney can help negotiate a resolution or pursue judicial dissolution if necessary.

What happens if I don’t properly dissolve my business?

You may continue to incur taxes, annual report fees, or legal liability even after closing your doors.

Can I reopen my dissolved business later?

Yes, some entities can be reinstated by filing for reinstatement within a certain time frame and paying all outstanding fees.

What documents do I need to dissolve my LLC or corporation?

Typically, Articles of Dissolution, final tax filings, and notice to creditors — your attorney can ensure everything is properly completed.