Many states charge you annual fees to keep your LLC running. If you don't officially shut down the company, you'll still be charged, possibly with late fees. Some states will dissolve the LLC after that, but not all. If you operate in several states, you will have to officially formalize in all of them.
What happens to an unused llc?
Many states charge you annual fees to keep your LLC running. If you don't officially shut down the company, you'll still be charged, possibly with late fees.
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Is it worth forming a limited liability company?
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