Emergency compliance correction
For US businesses (LLCs and corporations) facing administrative dissolution, emergency compliance correction involves a multi-step process to regain good standing. This typically includes verifying your entity's status with the Secretary of State, identifying and resolving the root causes (like missing annual reports or unpaid taxes), and filing past-due returns with the state tax agency. Many states, such as New York and New Jersey, require obtaining tax-department consent or clearance before you can file a reinstatement or revival application with the Secretary of State. Be aware that fees and expedited processing options vary significantly by state. For example, Delaware's filing fee is around $200, while Georgia's base reinstatement fee is $260, with options for expedited service. States also have varying time limits for reinstatement, often ranging from 2 to 5 years after dissolution. Practical advice includes maintaining a compliance checklist, securing written tax clearances, and considering professional assistance for complex situations. In California, a "Relief from Contract Voidability" option exists for certain matters if your business was suspended.
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