Dissolution
Safeguard your interests during business dissolution with our expert guidance, ensuring a smooth and compliant transition while mitigating financial and legal risks.
How We Can Help
Trust Taxonic to facilitate a smoother business dissolution process, providing expert guidance and support to navigate complexities and protect your interests throughout the transition.
Asset Distribution
Statement of distribution of the company assets to date.
Account Closure
Including CRA accounts and WSIB account.
Dissolution Filing
Federal or provincial Article of Dissolution.
File T4/T4SUM
Final return filing.
File T5/T5SUM
Final return filing.
Corporate tax
Final return filing.
Before Dissolving
Get answers to your pre-dissolution questions with our expert advice.
1. Make sure all company assets have been distributed.
2. Make sure all debt has been cleared.
The total cost = service fee + government charge + third party fee (if applicable)
Service fee depends on the complexity of the case. Federal government charges $0, whereas Ontario charges $25.
Payment is expected when we receive your request to dissolve.
It depends mainly on the processing time of your final return, which may take months.
After Dissolving
We are available to answer any questions you may have after your business is dissolved.
You will receive an Article of Dissolution from us.
You may need close your bank account.
Yes, at some stages you may have the chance to stop the dissolution process.
Simplified Process
Embarking on a New Venture? Let's Set You Up for Success
As you transition from one business chapter to another, we’re here to provide you with the expertise and guidance needed to establish a solid foundation for your new venture. Our team of professionals will work closely with you to develop a customized plan, ensuring a smooth start while addressing any financial and regulatory requirements. Let us help you embark on your new journey with confidence and a clear roadmap to sustainable success.
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