{"id":453,"date":"2022-01-19T02:30:00","date_gmt":"2022-01-19T07:30:00","guid":{"rendered":"http:\/\/www.ontariobusinesscentral.ca\/blog\/?p=453"},"modified":"2025-08-07T11:17:05","modified_gmt":"2025-08-07T15:17:05","slug":"dissolve-ontario-corporation","status":"publish","type":"post","link":"https:\/\/www.ontariobusinesscentral.ca\/blog\/dissolve-ontario-corporation\/","title":{"rendered":"How To Dissolve An Ontario Corporation"},"content":{"rendered":"

Originally Published on May 16, 2016<\/em><\/p>\n

In order to end the existence of a corporation in Ontario, it needs to be dissolved. Dissolution occurs when a corporation is terminated legally. To achieve dissolution, a Certificate of Dissolution needs to be issued by The Province of Ontario.<\/p>\n

Consent to Dissolve<\/h2>\n

The consent to dissolve was updated as of October 2021 where the consent to dissolve is now part of the Articles of Dissolution process where the Province of Ontario provides the consent to dissolve internally.\u00a0 The consent can take up to 30 days once the Ontario Articles of Dissolution are filed with the Province.\u00a0 Our experience has been that the consent only takes a few days as part of the internal processing program.<\/p>\n

\"dissolve<\/a><\/p>\n

Articles of Dissolution<\/h2>\n

By filing your corporation\u2019s Articles of Dissolution you are letting the government know that you are voluntarily ceasing the business operations of your company.\u00a0 Once you have received completion of the documentation, you can notify CRA, financial institutions, clients etc.<\/p>\n

What information is required to file for Dissolution?<\/h2>\n

To receive your company\u2019s Articles of Dissolution you will need the corporate name or numbered corporation name. You will also need to provide confirmation that your corporation has not gone bankrupt\/insolvent, has no property or liabilities and that the dissolution has been approved by all shareholders. Additionally, you will be required to provide the name, address and signature of the current director of the company, and a date of dissolution. The date of dissolution can be dated as the same day or on a date in the future up to 30 days.<\/p>\n

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