Are you familiar with the LLC 1050 form? If not, you should be. This is an important document for any business owner looking to set up an LLC. Here's what you need to know about the LLC 1050 form and how it can benefit your business. Please note: This blog post is for informational purposes only and should not be construed as legal advice. Always consult with a qualified attorney before making any legal decisions.
You might find it beneficial to understand how much time you will need to fill in this llc 1050 and exactly how long this form is.
Question | Answer |
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Form Name | Llc 1050 |
Form Length | 2 pages |
Fillable? | No |
Fillable fields | 0 |
Avg. time to fill out | 30 sec |
Other names | llc 1050, virginia limited, liability virginia business, state corporation commission articles |
ARTICLES OF CANCELLATION OF A VIRGINIA LIMITED LIABILITY COMPANY INSTRUCTIONS
Filing Requirements
Pay all fees and penalties before submitting these articles to the Commission. If these articles are filed with an effective date on or before the annual registration fee due date, payment of the registration fee for the current year is not required.
Required Fees
Filing Fee: $25.00
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File Online Today |
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Paper Filing |
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Visit https://cis.scc.virginia.gov to file articles of cancellation of a |
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Virginia Limited Liability Company in real time. |
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address: |
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Questions? |
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State Corporation Commission |
Courier Delivery Address |
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Visit the CIS help page at |
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Clerk’s Office |
1300 E. Main St, 1st floor |
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P.O. Box 1197 |
Richmond, VA 23219 |
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for |
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Richmond, VA |
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helpful videos. |
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Pay online with a credit card or eCheck. No additional |
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Include a check payable to State Corporation Commission. |
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processing fees apply for filing online. |
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DO NOT SEND CASH. |
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Specific Instructions
Article I Name
Provide the name of the company exactly as it appears on record with the Commission.
Article II Identification Number
To obtain the company’s SCC ID number, visit https://cis.scc.virginia.gov, or contact the Clerk’s Office.
Article III Effective Date
The certificate of organization’s effective date is the date the
Commission accepted the articles of organization, or the delayed effective time and date stated in the articles of organization.
Article IV Winding Up of Affairs
The company must wind up its affairs before filing these articles. The company must pay and clear, or arrange to pay and clear, all its debts, liabilities, and obligations. Then, it must distribute the remaining property and assets to its members.
Article V Other Information
Members may choose to include the reason for canceling the company.
Signature
One of the following officials with the right and power to manage the company’s business affairs must sign the articles:
•a manager or other selected person
•a member (e.g., an owner is a member), if there is no manager or other person selected
•an organizer, if the entity began without managers or members and no members exist
•a receiver, trustee, or other
Do not use the following titles:
•Owner
•Registered Agent
•Attorney
•Authorized Person
•Officer
If signing on behalf of a manager or member that is a business
entity, also include the business entity’s name and the business entity’s relationship to the LLC.
Include the signature, printed name, position title (e.g., manager or member), and date signed. Providing an entity phone number or email address allows for quicker communication if there is an issue with the filing.
Personal Identification Number (PIN)
File electronically using the
Important Information
The articles must be in the English language, typewritten or legibly printed in black, using the following guidelines:
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use solid white paper |
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• minimum 1.25" top margin and 0.75” all other sides |
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size 8 1/2" x 11" |
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no visible watermarks or background |
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logos |
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Do not include Personally Identifiable Information, such as a Social Security number, in a business entity document submitted to the Office of the Clerk for filing with the Commission. Information in these documents is available to the public. For more information, see Notice Regarding Personally Identifiable Information at www.scc.virginia.gov/clk.
Form LLC1050 (Rev. 07/20)
Form
LLC1050
(Rev. 07/20)
State Corporation
Commission
Articles of Cancellation of a Virginia
Limited Liability Company
Pursuant to §
Article I |
The limited liability company’s name: |
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____________________________________________________________________________________ |
Article II |
The LLC’s SCC ID Number: _____________________________________________________________ |
Article III |
The LLC’s certificate of organization issued by the Commission was effective on: ___________________ |
Article IV |
The LLC has completed the winding up of its affairs. |
Article V |
Other information the members determine to include (optional): |
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____________________________________________________________________________________ |
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____________________________________________________________________________________ |
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Signature |
The official signing this document has been delegated the right and power to manage the company’s business affairs and affirms the above statements are true.
Signature |
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Date |
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Tel. # (optional) |
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Printed Name |
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Title |
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Email Address (optional) |
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Business Tel. # (optional) |
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Business Email Address (optional) |
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Provide a name and mailing address for sending correspondence regarding the filing of this document (if left blank, correspondence will be sent to the registered agent at the registered office):
Name
Address
Required Fee: $25.00