Certificate Of Dissolution For Profit Domestic Corporation {561}

Form 561 - CERTIFICATE OF DISSOLUTION (FOR-PROFIT, DOMESTIC CORPORATION). This form is filed with the Ohio Secretary of State to formally dissolve a corporation that was formed in Ohio for profit. This form is used when a corporation has decided to permanently cease operations and terminate its legal existence under Ohio law. The process involves adopting a resolution of dissolution, which can be authorized by the corporation’s incorporators, directors, or shareholders, depending on the corporation’s circumstances and compliance with Ohio Revised Code § 1701.86. The form requires the corporation to provide essential details such as its name, charter number, principal office location, and any domain names held or maintained. If the corporation holds no domain names, that must be indicated as well. It also includes the appointment or reaffirmation of a statutory agent, who is responsible for receiving legal documents on behalf of the corporation, and whose address must be a physical location in Ohio—post office boxes and commercial mail receiving agency addresses are not permitted. The form includes a section to indicate the basis for the dissolution, such as a court order, the sale of all assets, or shareholder agreement. A notice of dissolution must be provided to creditors and claimants, informing them of the deadline to present any claims. Furthermore, an affidavit is required to confirm that various state agencies, such as the Ohio Bureau of Workers' Compensation, Ohio Department of Taxation, and Ohio Department of Job & Family Services, have been notified of the corporation’s intent to dissolve. Another affidavit may be included to clarify whether the corporation owns any personal property in Ohio counties, which affects tax responsibilities. www.FormsWorkflow.com